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Tag: AAA/A-1+

  • S&P Affirms AAA/A-1+ Ratings on AfDB, Adesina reacts

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    by

    Olaotan Falade
    in , ,

    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 rating agency in its latest rating positively assessed the bank’s very strong financial risk profile, very strong capital adequacy, strong funding and liquidity, extraordinary shareholder support and adequacy of its governance and…