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Financial Rating: the A+ A+ grade awarded to BOA BENIN

15/02/2024
Categories: Companies

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Bank of Africa Bénin SA announced on 13 February 2024 that it had obtained a long-term A+ A+ rating from Bloomfield Investment, a stable outlook.

Bank Of Africa du Bénin is a credit institution holding the LB 07-B banking license and registered under the number B0061 F on the list of banks under the number B0061 F on the list of banks. The bank operates under the registration number RB/COT/07 B 934, obtained from the Trade and Furniture Credit Register in Cotonou, Benin. In the long term, the rating reflects the high credit quality. The protective factors are good. However, risk factors are more variable and more important in times of economic pressure.

In the short term, the A1 A1 grade reflects the very high certainty of timely repayment. The liquidity factors are excellent and supported by good protective factors for essential elements. Risk factors are minor.

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