21/11/2016/Fitch Ratings Fitch Ratings-London-18 November 2016: Fitch Ratings has revised down the Support Rating Floors (SRFs) of 10 Nigerian banks to ‘No Floor’ and downgraded nine banks’ Support Ratings (SRs) to ‘5’ following a reassessment of potential sovereign support for the banking sector. As a consequence, the Long-Term Issuer Default […]
Updates
Ecobank appoints Madibinet Cissé as Company Secretary and Group Counsel
18/11/2016/ETI Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces the appointment of Mr. Madibinet Cissé as Group Head, Legal and Company Secretary/Group Counsel. Mr. Cissé, whose appointment takes effect on the 9th of January 2017, will report jointly to the Ecobank Group CEO and the ETI Board […]
AfDB Board approves US $135 million for Zambia’s Small Towns Water and Sanitation Program
18/11/2016/AfDB The Board of Directors of the African Development Bank (AfDB) Group on Friday, November 18, 2016 approved a US $135-million loan to finance a water and sanitation program targeting small towns in Zambia. The Integrated Small Towns Water Supply and Sanitation Program aims to increase access to quality water […]
