Fitch warns Ghanaian banks to cut non-performing loans before 2026
Ghana’s banking sector is poised for a significant shift as new regulations from the Bank of Ghana (BoG) compel financial ...
Tag: Fitch Ratings
News and analysis about fitch ratings
Some Nigerian banks to operate under forbearance beyond 2025 – Fitch
Fitch Ratings has revealed that while most banks are expected to exit the regulatory forbearance regime by December 2025, a ...
Fitch affirms Kogi, Oyo’s credit outlook as Stable, flags overreliance on federal allocations
Credit rating agency Fitch Ratings has affirmed the Long-Term (LT) Issuer Default Ratings (IDRs) of Kogi and Oyo States at ...
Fitch: Bank loans to government, high CRR put Nigerian Banks at risk
Fitch Ratings has warned that Nigerian banks face rising risks due to their heavy exposure to government debt and burdensome ...
Fitch upgrades Wema Bank’s National Rating to A–(nga), outlook raised to positive
Global credit rating agency Fitch Ratings has upgraded Wema Bank’s National Long-Term Rating from BBB(nga) to A–(nga), reflecting improved financial ...
Afreximbank disputes Fitch’s negative outlook, defends financial position in Africa
The African Export-Import Bank (Afreximbank) has challenged Fitch Ratings’ recent decision to revise its outlook on the institution to negative, ...
Africa’s credit rating agency to launch in September as alternative to Fitch, Moody’s
A new Africa-led credit rating agency is set to begin operations by the end of September 2025, aiming to offer ...
Fitch upgrades Fidelity Bank’s National Rating to ‘A+(nga)’, affirms long-term IDR at ‘B’
Global credit rating agency Fitch Ratings has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded ...
Fitch upgrades Cross River state’s credit rating to ‘B’ with stable outlook
Fitch Ratings has upgraded Cross River State’s Long-Term Issuer Default Rating (IDR) to ‘B’ from ‘B-’, assigning a Stable Outlook.
Recapitalisation: Tier 3 banks in Nigeria likely to adopt M&A activity and licence downgrades – Fitch
Fitch Ratings, a leading provider of credit ratings, commentary and research, has said that Nigerian third-tier banks are more likely ...
