穆迪对非开行授予AAA长期信用评级，展望稳定

Core Viewpoint - Moody's has assigned a AAA long-term credit rating to the African Development Bank (AfDB), indicating the highest rating in Moody's system with a stable outlook, reflecting the resilience of the AfDB's financial system and its ability to maintain low-risk operations [1] Group 1: Financial Strength - A robust capital base is a key factor for the AfDB's AAA rating, with an expected increase of $3.1 billion by 2032 following the seventh capital increase [1] - The AfDB's debt ratio has significantly decreased from 300% in 2019 to 208% in 2024, which is below the average for similar AAA-rated development banks [1] Group 2: Financing Capability - The AfDB has excellent financing capabilities, able to secure multi-currency loans at favorable rates to meet the growing financing needs in the African market [1] - The bank has sufficient reserves to support net expenditures for 18 consecutive months [1] Group 3: Shareholder Support - Strong shareholder support is a crucial pillar for the AfDB, aiding in its response to economic challenges and expansion of regional influence [1] Group 4: Future Outlook - The AAA rating with a stable outlook indicates that the AfDB is expected to continue maintaining its capital reserves and stable cash flow while effectively avoiding related risks, despite an increasing loan exposure to lower-rated countries [1]