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Afreximbank

Afreximbank challenges Fitch Rating, reaffirms financial resilience

10 June 2025

In a statement on Tuesday, the bank said it complies fully with International Financial Reporting Standards, including IFRS 9, which guides the classification of loan performance. These practices, it noted, are detailed in its 2024 financial statements and supported by an external audit. Fitch, in a 4 June report, cited concerns that debt owed to […]

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