
Fitch affirms Afreximbank’s BBB-credit rating
Credit ratings agency highlights strong solvency and liquidity, bolstered by ongoing and expected capital increases The African Export-Import Bank (Afreximbank) announces that Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook. The agency also affirmed the Bank’s Short-Term IDR at ‘F3’ and senior unsecured debt at ‘BBB-‘. Fitch highlighted…