Money Market

Fitch Affirms Diamond Bank at ”B-”; Outlook Negative

February 9, 2018/Fitch Ratings Fitch Ratings has affirmed Diamond Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Negative. Fitch has also affirmed all of Diamond’s other ratings. A full list of rating actions is at the end of this rating action commentary.  Key Rating Drivers IDRS, […]

Fitch Affirms Fidelity Bank Plc at ”B-”; Outlook Stable

February 9, 2018/Fitch Ratings Fitch Ratings has affirmed Fidelity Bank PLC’s Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. The bank’s Viability Rating (VR) has been affirmed at ‘b-‘ and Support Rating at ‘5’. Fitch has also affirmed the National Ratings. A full list of rating actions […]

Fitch Affirms Stanbic IBTC Bank”s National Rating at ”AAA(nga)”

February 9, 2018/Fitch Ratings Fitch Ratings has affirmed the National Long and Short-Term Ratings of Stanbic IBTC Holding Company Plc (SIBTCH) and its main operating subsidiary, Stanbic IBTC Bank Plc (SIBTC), at ‘AAA(nga)’ and ‘F1+(nga)’ respectively.  Key Rating Drivers National Ratings SIBTCH’s National Ratings are based on potential support from […]