Fitch Ratings has downgraded the credit rating of the African Export-Import Bank to non-investment grade. The agency noted that it «will not provide a rating for it in the future,» in a final step within a relationship that has become confrontational. This move marks the culmination of a conflict between the parties.
Fitch Downgrades African Bank to Non-Investment Grade
Fitch Ratings has downgraded the credit rating of the African Export-Import Bank to non-investment grade. The agency noted that it «will not provide a rating for it in the future,» in a final step within a confrontational relationship.