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Bloomfield Ratings: Boa Burkina Faso SA and Boa Senegal SA rated

17/02/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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 The Bank of Africa Burkina Faso has received a financial rating valid from May 2022 to April 2023. And the Bank of Africa Senegal has, for its part, received a financial rating valid from May 2022 to June 2023. 

In the long term, the BOA Burkina Faso is rated in the local currency CFA AA 30/04/2023 Stable and A1 30/04/2023 Stable in the short term in local currency CFA francs and in the short term the currency Local CFA A1 francs A1 30/04/2023 Stable. With regard to the financial rating, it is justified by the fact that the Bank of Africa Burkina Faso is of high quality in the long term. The protective factors are good. And risk factors are more variable and more important in times of economic pressure. In the short term, the rating is linked to the very high certainty of timely repayment. Liquidity factors are excellent and supported by good essential element protection factors. Risk factors are minor.

As for the Bank of Africa Senegal SA, in the long term, it is rated in the local currency CFA A- A- 30/06/2023 Stable, and A1- A1- 30/06/2023 Short-term positive in local currency CFA. Indeed, Laie's long-term Bank of Africa Sénégal se justif quality rating style="font-family: "Bookman Old Style”, "serif">of high credit. Protective factors that are good and risk factors that are more variable and more important in times of economic pressure. In the short term, there is a high degree of certainty of timely repayment. The liquidity factors are strong and supported by good essential element protection factors and the risk factors are very low.

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