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Tag: Fitch International

Fitch Affirms GTBank’s rating at B+ with Stable Outlook

July 15, 2016Ayo Olowo

Guaranty Trust Bank remains one of the top two rated Banks in Nigeria as shown by the recently released Rating Report by Fitch, a global rating agency.Fitch revised the Outlook on the Bank’s Long term Issuer Default Rating (IDR) from Negative to Stable citing the Bank’s continuing strong earnings, and stronger-than-expected liquidity as the reasons […]

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Fitch Affirms UBA’s Viability Rating as Agusto Upgrades Rating to “Aa”

July 14, 2016Ayo Olowo

-as UBA stock now best performing on the exchangeFitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its benchmark asset quality and strong profitability amidst industry and macroeconomic challenges. UBA is one of the few […]

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