Moody’s: African banks face environmental risk threats

Moody’s says African banks face environmental risk through their lending to environmentally sensitive sectors, but they are also vulnerable through outsized holdings of government bonds. Moody’s also notes that South African and Nigerian banks lead in disclosure and adoption of environmental policies. Antonello Aquino, Associate Director for Financial Institutions Group at Moody’s joins CNBC Africa for more.

Wed, 24 Mar 2021 14:29:46 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.