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Top News In Issuer Ratings Today - Breaking & Trending Today

Nigeria's Jaiz Bank gets 'B-'; Outlook Stable

Fitch Ratings has affirmed Jaiz Bank PLC's (Jaiz Bank) Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook and its Viability Rating (VR) at 'b-'. Fitch has also affirmed the bank's National Long-Term Rating at 'BBB+(nga)' and assigned a Stable Outlook. Key Rating Drivers Jaiz Bank's IDRs are driven by its standalone creditworthiness, | ....

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Coronation Merchant Bank Placed on Fitch Rating Watch Negative

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 | ....

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