trending Market Intelligence /marketintelligence/en/news-insights/trending/DAer_oA4f42Pv6pa83D18g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

MEA ratings roundup through Jan. 23

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

MEA ratings roundup through Jan. 23

S&P Global Market Intelligence presents a weekly overview of ratings actions on Middle Eastern and African financial institutions and economies. Ratings actions are listed by announcement date in reverse chronological order.

Jan. 23

* Moody's upgraded African Export-Import Bank's issuer rating to Baa1 from Baa2, with a stable outlook, after the bank recently secured a five-year insurance policy for callable capital on behalf of the bank's class A and B shareholders. At the same, the agency upgraded Afreximbank's long-term deposit rating to Baa1 and its short-term bank deposit rating at P-2.

Jan. 20

* CI Ratings affirmed the AA- long-term foreign- and local-currency ratings and A1+ short-term foreign- and local- currency ratings of the United Arab Emirates.

* Moody's assigned Tanzania-based National Microfinance Bank Plc long-term local- and foreign-currency deposit ratings of B1/B2, with stable outlooks. Other first-time ratings assigned to the lender include Not Prime short-term local- and foreign-currency deposit ratings; Ba3(cr) /Not Prime(cr) long- and short-term counterparty risk assessments; and "b1" baseline and adjusted baseline credit assessments.

Jan. 19

* A.M. Best has affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (long-term ICR) of "bbb" of Union Insurance Co. P.S.C. (Union) (United Arab Emirates). The outlook on the FSR remains stable, whilst the outlook on the long-term ICR remains positive.

Jan. 18

* S&P Global Ratings corrected Development Bank of Southern Africa's senior unsecured local-currency debt rating by lowering it to BBB from BBB+. The agency did not downgrade the rating as part of its Dec. 5, 2016, action on the bank due to an error.

* S&P lowered Mozambique's long- and short-term foreign-currency sovereign credit ratings to SD/D from CC/C after the country failed to make an interest payment on a $727 million bond. The agency said the country's ratings are likely to be raised from SD after the completion of any restructuring, or when S&P expects no further resolution to occur. The agency also affirmed Mozambique's long-term local-currency rating at B-/B, and the outlook on the rating was revised to stable from negative.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.