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

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