October 31, 2019/Fitch Ratings Fitch Ratings has affirmed Access Bank Plc’s (Access) Long-Term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. The Viability Rating (VR) is also affirmed at ‘b’. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers IDRS, VR, […]
Money Market
Fitch Affirm UBA Plc at ‘B’ Plus; Outlook Stable
October 31, 2019/Fitch Ratings Fitch Ratings has affirmed United Bank for Africa PLC‘s (UBA) Long-Term Issuer Default Rating (IDR) at ‘B+’. The Outlook is Stable. Key Rating Drivers IDRs, Viability Rating And National Ratings The IDRs of UBA are driven by its standalone creditworthiness, as expressed by its ‘b+’ Viability Rating (VR). UBA’s […]
CBN Unveils Revised Guidelines for Registration of CIT, Currency Processing Companies
October 29, 2019/CBN In order to enhance the efficiency and cost-effectiveness of currency management, facilitate the generation of fit Naira banknotes for payment, promote the use of shared facilities to drive down currency management cost, engender healthy competition among service providers and ensure product quality, integrity and standardization in Nigeria, […]

