Moody’s 2018 outlook for African banks negative

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Moody’s 2018 outlook for African banks negative

16 December 2017, Sweetcrude, Limassol, Cyprus — Moody’s Investors Service says its negative outlook for the African banking system in 2018 reflects high macroeconomic risks that expose banks to asset quality pressures, reduced government support and sovereign credit risk. Moody’s report, “Banks — Africa, 2018 Outlook”, is available on www.moodys.com. Moody’s subscribers can access this …

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