Ratings
Our Financial capacity to meet obligations has been recognized by several rating agencies. In July 2025, Agusto & Co., one of Nigeria’s leading credit rating agencies, upgraded the Bank’s ratings to “Bbb+” (long-term) and “A2” (short-term).
Years
2025

Fitch ratings
B- / Stable

Agusto & Co
Bbb+ (Long-term) and A2 (Short-term)
2024

Fitch ratings
B- / Stable
2023

Fitch ratings
B- / Stable

Agusto & Co
A- / Stable
2022

Fitch ratings
B minus (B-)

Agusto & Co
A+/Stable

Global Credit Rating Co.
A minus (A-)
2020

Fitch ratings
B minus (B-)

Agusto & Co
A+/Stable

Global Credit Rating Co.
A minus (A-)
2019

Agusto & Co
A+ / Outlook: Stable

Global Credit Rating Co.
A-/Stable
2018

Global Credit Rating Co.
A- / Outlook: Stable

Agusto & Co
A- / Outlook: Stable
2017

Global Credit Rating Co.
A- / Outlook: Positive

Agusto & Co
A- / Outlook: Stable
2016

Global Credit Rating Co.
A- / Outlook: Stable

Agusto & Co
A- / Outlook: Stable
2015

Global Credit Rating Co.
A- / Outlook: Stable

Agusto & Co
A- / Outlook: Stable




