Moody’s changes outlook for African banks to stable

PUBLISHED: Tue, 08 Jan 2019 15:12:49 GMT

Moody’s Investors Service has changed its outlook for African banks from Negative to stable. They also expect most rated banks on the continent to maintain stable profitability and build up their capital buffers. Constantinos Kypreos, Senior Vice President for Moody’s Financial Institutions Group joins CNBC Africa to discuss this.

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