On September 30, the ratings agency Moody's Ratings (Moody's) confirmed the long-term issuer ratings in foreign currencies and the unsecured senior ratings in foreign currencies to BAA1 and changed the outlook from the West African Development Bank (BOAD ) from negative to stable.

La confirmation de la notation Baa1 reflète le soutien financier important de The BOAD by its shareholders, both continuously and exceptionally, as well as its solid liquidity and financing profile, of which access to refinancing from the central bank is a characteristic. These assets mitigate heightened political and security challenges in the Sahel region, which create a particularly difficult operational environment for

The change in outlook from negative to stable reflects our expectation that the strengthening of the bank's balance sheet and the recent improvement in asset performance will be maintained, strengthening its ability to navigate an operating environment that is still challenging.