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Financial rating: Moody's gives its best score to CRRH-UEMOA

20/02/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Dans le but de soutenir le financement du logement social par les établissements de crédit, dans une région où le déficit en logements progresse à un rythme soutenu, la Rating of Moody's constitue un véritable coup de pouce pour la Regional Mortgage Refinancing Fund of UEMOA (CRRH- UEMOA ) .

La CRRH-- is preparing UEMOA to raise more than 60 billion CFA francs ($95.3 million) on the market Regional. It is preparing to return to the regional financial market with a new issue of social bonds intended to refinance real estate loans granted by banks and credit institutions in UEMOA in favor of social housing in West Africa. The amount of the operation would be around 60 billion CFA francs. Unlike a credit rating (AAA, BB+, etc.), which assesses an issuer's ability to repay its debt, a second party opinion (SPO) measures the environmental or social impact of a bond and its alignment with international best practices.

According to Moody's, 80% of refinanced loans concern homes worth less than 50 million FCFA, including 49% under 25 million FCFA.
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