Ratings agency S&P Global has affirmed its ‘AAA/A-1+’ long- and short-term issuer credit assessment of the African Development Bank (AfDB) with a stable outlook. The rating agency positively as…
Ratings agency S&P Global has affirmed its ‘AAA/A-1+’ long- and short-term issuer credit assessment of the African Development Bank with a stable outlook.
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S&P Affirms AfDB’s 'AAA/A-1+' Ratings - THISDAYLIVEBy Obinna Chima Standard & Poor’s (S&P) Global Ratings has affirmed its ‘AAA/A-1+’ long- and short-term issuer credit ratings on the African Development Bank (AfDB). The global rating agency also stated that the outlook of the Abidjan-based multilateral institution remains stable. S& P disclosed this in its latest rating on the bank dated June 19, …
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