Browsing: Moody’s

Moody’s Investors Service (“Moody’s”) today assigned the Arab Bank for Economic Development in Africa (BADEA) an Aa2 rating with a…

The African Development Bank (AfDB) retains its triple AAA with Moody’s, the agency informed in a report from November 2,…

Credit rating agency Moody’s said Moroccan banks’ profitability was put under pressure in 2020 due to several factors. These are…

On March 9, 2021, Moody’s agency upgraded Benin’s rating from B2 to B1. On April 11, this member country of…

President Patrice Talon is in pole position to win the presidential elections held on April 11, due to the partial…

Moody’s Investors Service, the credit rating subsidiary of Moody’s Corporation, announced in a recently released report that Sharia-compliant multilateral development…

On October 1, 2020, Moody’s Investors Service reaffirmed the A1 ‘Perspective Stable’ rating awarded to the International Islamic Trade Finance…

Financial rating agency Moody’s announced on October 13, 2020 that it had lowered Rwanda’s outlook from “stable” to “negative”, and…

Moody’s Investors Service says that non-investment grade emerging and frontier market sovereigns face a sharp economic downturn following the coronavirus…

New York, June 12, 2020 — Moody’s Investors Service (“Moody’s”) has today placed the Government of Senegal’s Ba3 foreign and…

Moody’s Investors Service, (“Moody’s”) has today downgraded the Government of South Africa’s long-term foreign-currencyand local-currency issuer ratings to Ba1 from…

The credit profile of Cameroon (B2, stable outlook) is constrained by the weak institutional environment and rising public and external…

On 23 July, the Central Bank of Nigeria (CBN) released its monetary policy statement, which emphasised its intention to stimulate…

A recent report by Moody’s indicates that while East African countries such as Kenya, Ethiopia and Tanzania are focusing their…

The rating agency Moody’s followed suit with Standard & Poor’s, giving its first rating to Togo. This is a B3…

Moody’s Investors Service (“Moody’s”) has today assigned a first-time Baa2 foreign currency long-term issuer rating to the African Local Currency…

Moody’s Investors Service (“Moody’s”) has today assigned B1/Not Prime local currency long-term and short-term deposit ratings and B3/Not Prime foreign…

— The index measures the percentage of high-yield companies in EMs with the weakest speculative grade liquidity score of SGL-4,…

– Kenyan banks are collaborating with Safaricom’s M-PESA mobile payments service to offer higher value-added services, a credit positive -…

While Côte d’Ivoire, the largest economy in the WAEMU zone, has the densest banking market in the region with 25…

Rating agency Moody’s has assigned to First City Monument Bank Limited (FCMB), Fidelity Bank Plc and Diamond Bank long-term, local…

The US rating agency, Moody’s announces that the profits of Nigerian banks will decline in the current year. In its…

In a report released this week on trade in Africa, Moody’s identifies barriers that can limit the growth potential of…

The rating agency, Moody’s, warns Ghanaian banks against “difficult times” this year in terms of declining revenues. A situation due…