Fitch Cuts Afreximbank’s Rating to Junk After Lender Severs Ties
Fitch Ratings cut its assessment of the African Export-Import Bank’s credit to ‘junk’ status, just days after the Cairo-based lender said it terminated their relationship following a dispute.
By Matthew Hill · Bloomberg Markets
Fitch Ratings cut its assessment of the African Export-Import Bank’s credit to ‘junk’ status, just days after the Cairo-based lender said it terminated their relationship following a dispute.