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Fitch revises outlook on Zenith, Access, 3 others to positive

Fitch revises outlook on Zenith, Access, 3 others to positive
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Vrs of zenith bankIndustry limitedNational ratingsAccess bank plcTerm idrs of access bankFitch ratingsZenith bankUnited bankGuaranty trust holding company plcGuaranty trust bank limitedCentral bankZenith bank plcAfrica plcLong term issuer default ratingsAccess bankSupport rating

CBN s Regulations May Be Harmful For Economic Stability – Fitch

CBN s Regulations May Be Harmful For Economic Stability – Fitch
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Olayemi cardosoVrs of zenith bankGuaranty trust holding company plcAccess bank plcNational ratingsGuaranty trust bank limitedZenith bank plcZenith bankFitch ratingsUnited bankIndustry limitedAfrica plcTerm idrs of access bankCentral bankLong term issuer default ratingsAccess bank

Uganda Development Bank maintains highest AAA (uga) Fitch rating

banking

Patricia ojangoleFitch ratingsNational ratingUganda development bankCommunity relationsEconomic developmentDevelopment bankNational long term ratingTerm issuer default ratingNegative outlookSupport ratingGovernment support ratingFitch ratingHuman rightsLong term issuer default ratingGovernment support

Fitch takes rating action on 12 Nigerian banks following naira devaluation

Fitch maintained the Rating Watch Negative (RWN) on First City Monument Bank's (FCMB) and Union Bank of Nigeria PLC's (UBN) Long-Term IDRs of 'B-' and National Long-Term Ratings of 'BBB+(nga)' and 'BBB(nga)', respectively.

Wema bankUnited bankHoldings plcFirst bankGuaranty trust bank limitedZenith bank plcJaiz bankFidelity bankUnion bankFirst city monument bankNigeria ltdAccess bank plcGuaranty trust holding company plcNational longAfrica plcRating watch negative

Fitch affirms Bank of Africa at BB ; Outlook Stable

The Stable Outlook mirrors that of the sovereign rating. BOA's VR considers its solid franchise in Morocco and its pan-African presence, which brings diversification benefits to the business model but also exposes it to less developed markets and more volatile operating conditions. BOA's stronger performance and fairly strong funding and liquidity are balanced by weak capital and asset quality.

National longLocal currency issuer default ratingsNational long term ratingGovernment support ratingStable outlookSupport rating