Day: October 8, 2021
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Fitch revises Coronation Merchant Bank’s National Long-Term Rating to ‘BBB+ (nga); Affirms IDR rating at ‘B-‘
Lagos, Nigeria – 6th October 2021 Fitch Ratings has revised the National Long-Term Rating of Coronation Merchant Bank to ‘BBB+ (nga)’ from ‘BBB (nga)’. The global rating agency also affirmed the Bank’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. According to Fitch, the upgrade is a result of the Bank’s improved […]
