(This statement was made by Fitch Ratings on January 25, 2017) Fitch Ratings-Hong Kong-25 January 2017: Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the IDRs at ‘B+’. The issue ratings on Nigeria’s senior unsecured […]
Updates
Fitch Says Global Ratings Outlook Weaker Than Last Year
(Fitch Ratings made the following statement on January 25, 2017) Global rating outlooks are more negative than a year ago across most rating sectors, Fitch Ratings says in its latest global Credit Outlook report. “The greatest challenges are undoubtedly faced by emerging market issuers in all sectors, but this is […]
AfDB approves US $90-million financial package to boost Commercial Bank of Africa’s funding of SMEs in Kenya and grow trade finance in Africa
Akinwunmi Adesina, African Development Bank President 25/1/2017/AfDB The Board of Directors of the African Development Bank has approved a US $90-million financial package comprising a US $50-million Line of Credit and US $40-million Trade Finance Line of Credit to Commercial Bank of Africa Limited (CBA), Kenya. The funding will be […]
