Tuesday 05, December 2017 by Matthew Amlôt

Moody's: African Export-Import Bank's credit profile supported by innovative business model

African Export-Import Bank's (Afreximbank, Baa1 stable outlook) credit profile is supported by the general capital increase of $500 million completed in 2016 and by the mid-term, credit-risk-mitigating instrument introduced in December 2016 in support of its callable capital base which is otherwise constrained by the very low average shareholder rating, Moody's Investors Service said in an annual report today.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more