May 29, 2014 (INVESTADVOCATE)- Fitch Ratings Statement Fitch Ratings has assigned Diamond Bank Plc’s (Diamond) USD200m senior debt notes a final Long-term rating of ‘B’ with a Recovery Rating of ‘RR4’. The Recovery Rating is in accordance with Fitch’s soft cap for Nigeria. The final rating is in line with […]
Uncategorized
Financial Networks Key to Understanding Systemic Risk
By Camelia Minoiu and Sanjay Sharma May 28, 2014 Network perspective sees financial institutions as interrelated economic agents Interconnectedness in financial system part of the problem in the financial crisis Data gaps hinder translation of network analysis into policy With financial markets around the world so interconnected, the analysis of […]
GTBank named African bank of the year
Guaranty Trust Bank Plc says it has been named the ‘2014 African Bank of the Year’ for the second consecutive time by the African Banker magazine. The bank was given the award in Kigali, Rwanda. A statement by the bank on Friday said the African Banker Award was held to […]