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Japan's JCR reaffirms Afreximbank's A- credit rating, highlighting its strong performance and stable outlook.
Japan's Credit Rating Agency (JCR) has reaffirmed the African Export-Import Bank's (Afreximbank) A- credit rating with a stable outlook.
JCR praised Afreximbank's strong strategic positioning, solid risk management, and consistent profitability.
This affirmation highlights the bank's importance in supporting trade and economic development in Africa and the Caribbean.
Despite external economic challenges, JCR expects the bank's rating to remain stable over the next year and a half.
This move contrasts with Fitch Ratings' recent downgrade, potentially bolstering Afreximbank's credibility and investor confidence.
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El JCR de Japón reafirma la calificación crediticia A- de Afreximbank, destacando su sólido desempeño y perspectivas estables.