June 8, 2023/Fitch Ratings Fitch Ratings has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch has also affirmed Access Bank’s Viability Rating (VR) at ‘b’ and National Long-Term Rating at ‘A+(nga)’. Fitch has withdrawn Access Bank’s Support Rating and Support Rating Floor […]
Money Market
Fitch Affirms Zenith Bank Plc at ‘B-‘; Outlook Stable
June 8, 2023/Fitch Ratings Fitch Ratings has affirmed Zenith Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Fitch has also affirmed the bank’s National Long-Term Rating at ‘AA-(nga)’ and assigned a Stable Outlook. Key Rating Drivers Zenith Bank’s IDRs are driven by its standalone creditworthiness, […]
AFC Lekela Power wins Equity Deal of the Year at the African Banker Awards
The award was presented to AFC for its innovative financial structuring leading to two acquisitions June 5, 2023/AFC Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has received the Deal of the Year – Equity award at the just concluded African Banker Awards 2023 ceremony in Sharm […]
