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Fitch, GCR Upgrade Afreximbank s Outlook

African Export-Import Bank (Afreximbank) has received a set of strong credit rating affirmations and âPositiveâ outlooks from Moodyâs, Fitch Ratings, and GCR Ratings, underlining its resilient financial position and performance. The ratings reinforce the bankâs access to capital at a competitive cost, ensuring the continued success of key strategic initiatives to stimulate African trade. A statement explained that Fitch revised its outlook on Afreximbankâs Long-Term Issuer Default Rating (IDR) to Positive from Stable, highlighting that the upgrade, âreflects the bank’s growing importance as the main multilateral development bank (MDB) providing funding to non-sovereign borrowers in Africa.â

Benedict oramahBank baaFitch ratingsBank afreximbankMultilateral development bank mdbsAfrican export import bankLong term issuer default ratingStable outlookMultilateral development bankGlobal medium term noteவங்கி பாஃபிட்ச் ரேடிஂக்ஸ்நீண்டது கால வழங்குபவர் இயல்புநிலை ரேடிஂக்நிலையான ஔட்‌லுக்உலகளாவிய நடுத்தர கால குறிப்பு

Fitch Rates CSSC (Hong Kong) Shipping s Proposed USD Green Bonds A(EXP) | Hellenic Shipping News Worldwide

Fitch Rates CSSC (Hong Kong) Shipping’s Proposed USD Green Bonds ‘A(EXP)’ Fitch Ratings has assigned an expected rating of ‘A(EXP)’ to CSSC (Hong Kong) Shipping Company Limited’s (CSSC HK Shipping, A/Stable) proposed senior unsecured US dollar ‘green bonds’. The proposed notes are to be issued by CSSC Capital 2015 Limited, CSSC HK Shipping’s wholly owned offshore special-purpose vehicle registered in the British Virgin Islands. The proposed notes will be listed on the Hong Kong Stock Exchange, and the proceeds will be used to develop the company’s leasing business, including financing or refinancing expenditure on eligible ‘green’ and ‘blue’ projects in accordance with CSSC HK Shipping’s green finance framework, as well as the refinancing of existing indebtedness and for general corporate purposes. The final ratings are contingent upon the receipt of final documents conforming to the information already received.

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Fitch Revises Outlook on Access Bank to Stable from Negative; Affirms at

Fitch Ratings has revised the Outlook on Nigeria-based Access Bank Plc’s Long-Term Issuer Default Rating (IDR) to Stable from Negative, and affirmed the rating at ‘B’. The Viability Rating (VR) has been affirmed at ‘b’. A full list of rating actions is below. The Outlook revision reflects Fitch’s view that risks to Access’s credit profile have receded since the onset of the Covid-19 crisis, as reflected in the bank’s resilient financial metrics in 2020 and 1Q21 and our expectation that these trends will continue. Our action also reflects our view that the bank has sufficient headroom at the current rating level to absorb risks to its asset quality, profitability and capital under our base case, resulting from operating environment pressures.

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Fitch Revises Outlook on Union Bank of Nigeria to Stable; Affirms IDR at

Fitch Revises Outlook on Union Bank of Nigeria to Stable; Affirms IDR at
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Union to stableFitch ratingsUnion national ratingsUnion longCentral bankOutlook on union bankNational ratingUnion bankLong term issuer default ratingViability ratingFitch rated nigerianHits stageFitch core capitalNational ratingsஃபிட்ச் ரேடிஂக்ஸ்தொழிற்சங்கம் தேசிய ரேடிஂக்ஸ்

Fitch Affirms Clearstream Banking At AA ; Outlook Stable

Fitch Affirms Clearstream Banking At AA ; Outlook Stable
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Fitch ratingsEu bank resolutionLuxembourg based clearstream bankingLong term issuer default ratingViability ratingDeutsche boerseEurex clearingCentral securities depositaries regulation coverRecovery directiveSupport ratingFinancial institutionsCovered bondஃபிட்ச் ரேடிஂக்ஸ்நீண்டது கால வழங்குபவர் இயல்புநிலை ரேடிஂக்நம்பகத்தன்மை ரேடிஂக்மீட்பு உத்தரவு