February 12, 2018 By InvestAdvocate The Honorable Chairman, House Committee on Banking and Currency, Rt. Hon. John Onyereri has expressed the need to encourage the private sector in a bid to advance the growth of the economy by reducing the interest rate on loans. While addressing the newsmen at the […]
Money Market
Fitch Affirms Nigeria”s FCMB at ”B-”
February 9, 2018/Fitch Ratings Fitch Ratings has affirmed First City Monument Bank Limited’s (FCMB) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. All FCMB’s other ratings have also been affirmed. A full list of rating actions is at the end of this rating action commentary. Key Rating […]
Fitch Affirms Wema Bank at ”B-”; Outlook Stable
February 9, 2018/Fitch Ratings Fitch Ratings has affirmed Nigeria-based Wema Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ and National Long-Term Rating at ‘BBB-(nga)’. The Outlook is Stable. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers IDRS, Viability Rating […]
