Apart from the indicators provided by these figures, the BOAD
now enjoys far greater international credibility.
In regards to their ratings, on 15 May and 11 June respectively, the international agencies Moody's and Fitch had each classified BOAD
within the rating category called 'investment'.
Fitch considers BOAD
unlikely to be threatened by a possible devaluation of the CFA franc.
has not yet accessed international capital markets.
The Fitch rating broadly confirms the rating Moody's gave to BOAD
on 15 May 2015.
These resources will enable BOAD
to finance imports of goods from Arab countries by WAEMU member States.
Equity investment by BOAD
in the capital increase of Orabank Cote d'Ivoire, $18.
4 billion) in resources mobilised since its first operation in 1993, BOAD
is currently the leading non-sovereign issuer in the regional capital market.
This goal will be achieved by lengthening the term of mortgage loans, currently at 7-8 years on average, to 15 years and beyond, thanks to the action of the regional mortgage refinance company which BOAD
has supported since inception, said Christian Adovelande President of BOAD
During the Forum, a strategic partnership agreement (SPA) was made between UEMOA, BOAD
and GFCL to create a company responsible for managing project execution and timelines, and to continue to seek foreign direct investment for future projects in the region.
36 Soldering / Hand No Clean Current Production Samples Bare HASL Boads 3 months later 3.
president, Christian Adovelande, stated the project will be carried out in an appropriate environment, in line with the authorities ambition to insure the sustainable economic and social development of the country, via the Governments Action Plan (PAG).