BusinessDay
Nigeria's leading finance and market intelligence news report.

Fitch affirms Afreximbank’s BBB- credit rating with stable outlook

Fitch Ratings, an American credit rating agency, has affirmed African Export-Import Bank (Afreximbank)’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook, the Bank said on Thursday. The agency also affirmed the Bank’s Short-Term IDR at ‘F3’ and senior unsecured debt at ‘BBB-‘. Fitch highlighted that Afreximbank’s ‘BBB-‘ rating is driven by its…



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