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CIE CI: Bloomfield maintains “AA+” rating for CIE CI

22/11/2019
Source : SIB
Categories: Economy/Forex

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The rating agency Bloomfield Investment Corporation maintains the long-term rating of the Ivorian Electricity Company (CIE) at “AA+” and that of the short term at “A1+” with a stable outlook. For the rating agency, this rating is justified on the one hand by positive factors such as a significant improvement in net profit and an overall strategy focused on digitalization; and on the other hand by the factors of fragility such as a drop in the remuneration of the CIE and a fragile socio-political environment.

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