Day: July 18, 2022
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Fitch Affirms ‘B-’ Rating For Coronation Merchant Bank
Fitch Ratings has affirmed Coronation Merchant Bank Limited’s (CMB) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Lagos, Nigeria – 18th July, 2022 According to the global rating agency, “the bank’s sound asset-quality record, adequate capitalisation and performance” are rating strengths. “Management quality is a rating strength. Coronation Merchant Bank has recorded […]
