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Moody's Rating 2019
The credit profile of the African Development Bank (AfDB) is supported by the bank's robust capital buffers and superior risk management, which mitigate credit risks associated with its development-related assets. The bank's credit quality also benefits from an ample liquidity buffer and unfettered access to local and international capital markets, which support its ability to meet debt service obligations. Moreover, the bank has a long track record of being the premier development institution in Africa and benefits from shareholders' ability and willingness to support its development objectives, exemplified by the significant contributions of highly rated non-regional member countries.