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Bloomfield Investment Upgrades BGFI Holding Corporation’s Rating from A+ to AA- with a Stable Outlook

Libreville, June 6, 2025 – The BGFIBank Group, through its parent company BGFI Holding Corporation, has once again distinguished itself through its financial management, following an upgrade of its long-term rating by the pan-African rating agency Bloomfield Investment.

This recognition highlights an exemplary track record, marked by acknowledged expertise in economic policy and a longstanding commitment to Gabon’s development. It also reflects the determination of the country’s highest authorities to draw on expertise from the private sector to bring new momentum to the management of the country’s economic affairs.

Upgraded from A+ to AA-, this rating reflects renewed confidence in the BGFIBank Group’s governance model, development strategy, and sustainable performance.

Recognition of Strong Fundamentals and a Well-Managed Growth Trajectory

The upgrade of BGFI Holding Corporation’s rating is based on several key factors, including:

  • The rigorous implementation of the DYNAMIQUE 2025 Corporate Project, whose results have exceeded the initial consolidated financial projections;
  • The continued improvement in performance indicators during the 2025 financial year, reflecting sustainable growth momentum across the Group;
  • The resumption of dividend distributions by banking institutions in the CEMAC region, marking the normalization of the post-COVID regulatory environment;
  • A significant increase in the Holding company’s net income, supported by an enhanced ability to generate strong cash flows, notably through dividends received from its subsidiaries.

A Rating That Reinforces the BGFIBank Group’s Ambitions

This upgrade also reflects the BGFIBank Group’s ongoing commitment to strengthening its financial fundamentals, modernizing its risk management systems, and consolidating its position as a leading player in the African banking sector.

Through this recognition, the BGFIBank Group reaffirms its ambition to build an African financial group for the world, while delivering controlled, profitable, and sustainable growth for the benefit of all its stakeholders.

About BGFI Holding Corporation SA

The BGFIBank Group is an international, diversified financial group that combines financial strength, a sustainable growth strategy, and effective risk management, with the ambition of becoming the benchmark bank in its markets in terms of service quality.

The BGFIBank Group places service quality at the heart of its business, driven by a constant pursuit of Innovation and Excellence. It continuously enhances its offering by leveraging the expertise of its partners, thereby expanding into new areas of activity.

With more than 3,000 employees supporting a diverse client base on a daily basis across twelve countries: Benin, Cameroon, the Central African Republic, the Republic of the Congo, Côte d’Ivoire, France, Gabon, Equatorial Guinea, Madagascar, the Democratic Republic of the Congo, São Tomé and Príncipe, and Senegal.

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