Fitch Ratings says it expects the Central Bank of Nigeria (CBN) to adopt a cautious approach to monetary easing in…
Browsing: Fitch Ratings
“Fidelity’s IDRs are driven by its standalone creditworthiness, as expressed by its Viability Rating (VR) of ‘b-‘. The VR balances the concentration of operations in Nigeria’s challenging operating environment, high credit concentration and high Stage 2 loans against a growing franchise, sound profitability metrics, good capital buffers and reasonable foreign-currency (FC) liquidity coverage.
On July 13, the global credit rating agency Fitch Ratings affirmed the African Development Bank’s long-term credit rating AAA with…