Tag Archives: FItch Ratings

Fitch Forecast Lower Profitability For Nigerian Banks This Year

By Nse Anthony-Uko (Sundiata Finance) — Fitch, a global credit rating agency, has predicted negative outlook for Nigerian banks this year over continued fragility in the operating environment, stating that they may find it more difficult to sustain profitability given the decline in net Treasury Bill (T-bill) issuance in first quarter of 2018 issuance programme. Coupon rates on T-Bill and ...

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Zenith Bank, UBA, Others Eurobond Offers Ease Forex Maturity Gaps – Fitch

By Nse Anthony-Uko (Sundiata Finance) – Fitch Ratings, a London based credit rating agency said, Zenith Bank Plc, United Bank for Africa Plc (UBA), Access Bank Plc and Fidelity Bank Plc Eurobond offers marks a small steps toward reducing maturity mismatches between foreign-currency (FC) assets and liabilities. Analysts at Fitch said, the four banks Eurobond offer is a credit positive ...

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