
Fitch Downgrades Afreximbank To ‘BBB-’; Outlook Negative
Fitch Ratings has downgraded African Export-Import Bank’s (Afreximbank) Long-Term Issuer Default Rating (IDR) to ‘BBB-’ from ‘BBB’ with a negative outlook. It also downgraded the bank’s Short-Term IDR to ‘F3’ from ‘F2’ and the long-term ratings on the bank …