Fitch Affirms African Development Bank At 'AAA'; Outlook Stable

Fitch Ratings has affirmed the African Development Bank's (AfDB) Long-Term Issuer Default Rating (IDR) at 'AAA' with a Stable Outlook and Short- Term IDR at 'F1+'. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers The 'AAA' rating primarily reflects extraordinary support from AfDB's shareholders, assessed by Fitch at 'aaa', which provides a three-notch uplift over the bank's intrinsic rating. AfDB enjoys strong support from its 80 member states,


This content is for Premium Subscribers only. To view this content, please login or subscribe as a Premium Subscriber.

View Premium Subscription Options

I am a Premium Subscriber.

Related Articles