Moody’s upgrades EBID rating to B1, citing stronger finances and shareholder support

The ECOWAS Bank for Investment and Development (EBID) has secured an upgrade in its long-term issuer rating from Moody’s Ratings, moving from B2 to B1 with a stable outlook. The upgrade, published on August 14, 2026, reflects improvements in EBID’s financial position, asset quality, capitalisation and funding profile, according to the international rating agency. Moody’s…