Fitch Ratings has revised the outlook on Fidelity Bank PLC’s LongTerm Issuer Default Rating (IDR) to Positive from Stable, while affirming the rating at ‘B-’. The credit rating agency has also affirmed Fidelity Bank’s National Long-Term Rating at ‘A(nga)’ with…
Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-’ with a Stable Outlook. Fitch has simultaneously upgraded the bank’s National Short-Term Rating to ‘F2(nga)’ from ‘F3(nga).’ According to Fitch, the IDRs of Ecobank Nigeria…
Fitch Ratings has affirmed Guaranty Trust Bank Limited’s (GTBank) long-term issuer default rating at ‘B’ and viability rating at ‘b’ with a stable outlook, the agency said in a new report. According to the ratings, the bank’s stable outlook reflects…
Fitch ratings has revised the outlook on Nigeria-based Access Bank plc’s Long-term Issuer default rating (IDR) to stable from Negative, and affirmed the rating at ‘B.’ The global rating agency on Monday said the bank’s Viability Rating (VR) has been…
By Kayode Tokede Fitch, an international credit rating agency, has affirmed FBN Holdings Plc (FBNH) and its primary operating subsidiary, First Bank of Nigeria Ltd (FBN), at “B-” with a negative outlook. A ‘B’ rating indicate that “material default risk…
