December 2, 2021/Fitch Ratings Fitch Ratings has assigned Nigeria-based Guaranty Trust Holding Company Plc (GTCO) a Long-Term Issuer Default Rating (IDR) of ‘B’ with a Stable Outlook and a Viability Rating (VR) of ‘b’. A full list of ratings is below. KEY RATING DRIVERS IDRs and VR Established in 2021, […]
Money Market
UBA Group Dominates the 2021 Banker Awards, Wins ‘African Bank of the Year’
· Breaks the Banker Magazine Record as it wins Best Bank in Nigeria and 12 of Its Subsidiaries December 1, 2021/UBA Plc Africa’s global bank, United Bank for Africa (UBA) Plc yet again, reaffirms its leadership position across Africa, as the bank has been globally recognised as the African Bank of […]
GCR Revises UBA’s Long-Term National and International Scale Ratings on Criteria Change
November 30, 2021/GCR Ratings GCR Ratings (“GCR”) has revised United Bank for Africa Plc’s long term national and international scale ratings to AA+(NG) and B from AA-(NG) and B+ respectively on criteria change. At the same time, the national scale short-term rating was affirmed at A1+(NG), with the outlook maintained on Stable. Rated Entity […]
