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December 21, 2023
Fitch Ratings has affirmed Capital Farm Credit, ACAs Long-Term Issuer Default Rating at BBB and assigned a bbb Viability Rating . The Rating Outlook is Stable. Key Rating Drivers The VR is...
October 11, 2023
Fitch Ratings has affirmed the Long- and Short-Term Issuer Default Ratings of Huntington Bancshares, Inc. and its operating subsidiary, The Huntington National Bank, at A- and F1,...
September 20, 2023
According to the UK-based firm, GTB Ghana's Long-Term IDR is driven by potential support from its Nigeria-based parent Guaranty Trust Bank Limited (GTB; B-/Stable), as expressed by its Shareholder Support Rating (SSR) of 'b-'.
September 20, 2023
โUBA Ghana's VR of 'ccc' reflects our view that failure remains a real possibility due to high exposure to the Ghanaian sovereign ('RD') through securities. This is despite losses incurred in the sovereign domestic debt restructuring, forthcoming external debt restructuring and impending loan quality issues being tolerable due to large capital buffersโ, it pointed out.
September 12, 2023
CONSOLIDATED HALF-YEAR FINANCIAL REPORT AS AT 30 JUNE 2023 CONSOLIDATED HALF-YEAR FINANCIAL REPORT AS AT 30 JUNE 2023 Societร per...
July 4, 2023
Ecobank Nigeria is particularly susceptible on account of the elevated risk around the capital from its huge impaired loans that are denominated in foreign currency.
July 4, 2023
Fitch Ratings has placed ETI's and ENG's VRs of 'b-' and IDRs of 'B-' on Rating Watch Negative (RWN) following naira devaluation.
July 3, 2023
7/3/23, 6:13 PM Fitch Revises Societe Generales Outlook...
June 25, 2023
Fitch Ratings has placed Nigeria-based Coronation Merchant Bank Limited's (CMB) Long-Term Issuer Default Rating (IDR) at 'B-' and Viability Rating (VR) at 'b-' on Rating Watch Negative (RWN). Fitch has also downgraded CMB's National Long-Term Rating to 'BBB-(nga)' from 'BBB+(nga)' and placed it on RWN. The RWN reflects increased pressure on the bank's capital ratios |
June 16, 2023
Fitch Ratings has affirmed Ecobank Nigeria Limited's (ENG) Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. Fitch has also affirmed its National Long-Term Rating at 'BBB (nga)' and assigned a Stable Outlook. Key Rating Drivers ENG's IDR is driven by its standalone creditworthiness, as expressed by its Viability Rating (VR) of 'b-'. |