December 20, 2023/Fitch Ratings Fitch Ratings has maintained First City Monument Bank Limited’s (FCMB) Issuer Default Ratings (IDRs), Viability Rating (VR) and National Ratings on Rating Watch Negative (RWN). FCMB’s Government Support Rating of ‘ns’ is unaffected. The maintained RWN reflects Fitch’s view that while FCMB stayed compliant with its […]
Money Market
UBA Give Customers December to Remember
…Doles out N36m IN Super Savers Draw December 20, 2023/UBA Plc In line with its usual custom of rewarding loyalty especially during the yuletide season, Africa’s Global Bank – United Bank for Africa (UBA) Plc- has rewarded its loyal customers in the just concluded UBA Super Savers Draws giving out […]
EBRD Shareholders Back €4 Billion Increase in Bank’s Paid-in Capita
December 19, 2023/EBRD By Nigina Mirbabaeva Third increase in EBRD’s history takes capital base to €34 billion. Image Credit: EBRD Third increase in EBRD’s history takes capital base to €34 billion The governors of the European Bank for Reconstruction and Development (EBRD) have approved a resolution to increase the Bank’s paid-in […]
