Updates

Southern African CSOs commend AfDB for engaging with them on delivery of Bank’s High 5 priorities

November 29, 2016/AfDB During a consultation meeting that opened on November 28 in Johannesburg, South Africa, Southern African civil society organizations (CSOs) commended the African Development Bank (AfDB) for seeking their input for better delivery of its operational priorities. “As CSOs, we would like to commend the Bank for its […]

UAC of Nigeria Q3 2016 Results Review – Outperfom Rating Maintained

Culled—Proshare November 29, 2016/FBNQuest Research PT unchanged; 2016-17E EPS forecasts up 3% UAC of Nigeria’s (UACN) Q3 2016 results were quite encouraging following a run of very difficult quarters. The group posted sales and PBT growth of 20% y/y and 231% y/y to N20.9bn and N2.4bn resp. and were ahead […]

Fitch: US Banks 2017 Outlook Backed by Strong Capital, Liquidity

(This statement was made by Fitch Ratings Agency on November 29, 2016) Link to Fitch Ratings’ Report: 2017 Outlook: U.S. Banks Fitch Ratings-New York-29 November 2016: Rating and sector outlooks for US banks will remain stable for 2017, backed by strong capital and liquidity and solid asset quality, says Fitch […]