trending Market Intelligence /marketintelligence/en/news-insights/trending/NOS2Ieq_BwPKH_hN1OtB6Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Fitch revises outlook on Eastern and Southern African Trade and Development Bank

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Fitch revises outlook on Eastern and Southern African Trade and Development Bank

Fitch Ratings on Oct. 5 revised the outlook on Burundi-based Eastern and Southern African Trade and Development Bank to positive from stable and affirmed its long- and short-term issuer default ratings at BB/B.

The agency also affirmed the bank's national long-term rating at AAA(ken), with a stable outlook.

The outlook revision reflects an improvement in the bank's credit profile, including its capitalization metrics, and its shift to a more cautious lending strategy, which the agency expects to lead to moderately stronger capitalization in the medium term.