The following ratings from the UEMOA Regional Mortgage Refinance Bank (CRRH-UEMOA) have been confirmed by Moody's Investors Service (” Moody's “). These are the Ba2 long-term family rating (CFR), the long-term and short-term Ba2/Not Prime local currency issuer rating, and the Ba3/Not Prime long and short-term currency issuer rating.

Created in 2010, CRRH-UEMOA is a regional financial institution based in Togo, with operations throughout the West African Economic and Monetary Union ( UEMOA). It operates as a residential mortgage refinancing vehicle and raises long-term financing from debt capital markets and development finance institutions, and provides this financing to banks based in UEMOA (who are shareholders). of the CRRH- UEMOA) to refinance their residential mortgage portfolios.