Japan Credit Rating Agency (JCR) has affirmed the African Development Bank’s long-term rating at AAA with a stable outlook.
The agency commended the African Development Bank for its strong member-country support, as evidenced by the seven general capital increases it has carried out to date. The report reflected on the institution’s financial structure, risk management and funding, noting that JCR monitors whether multilateral development banks are financially viable enough to sustain their business in terms of financial structure, profitability and risk management.

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Author: The African Development Bank