Tag: Fitch

Ghana’s financial sector is gradually stabilizing as the effects of the country’s external debt restructuring appear to have had a less pronounced impact on banks’ capitalisation compared to the Domestic ...

Economist and political risk analyst Theo Acheampong has highlighted a significant challenge faced by many Sub-Saharan African countries in their efforts to finance development projects and manage budget deficits.  According ...

In a recent assessment, Fitch Ratings revised the outlook on FBN Holdings Plc and its primary operating subsidiary, First Bank of Nigeria Limited (FBN), from stable to positive, while affirming ...

Fitch Solutions has predicted that the Ghanaian cedi will recover some of its recent losses against the US dollar in the coming months. According to the London-based firm, this anticipated ...

The Ghanaian economy finds itself walking a tightrope as Fitch Solutions predicts an 11% depreciation of the cedi against the US dollar by the end of the year. According to ...

In a recent report, Fitch Ratings has forecasted a decrease in treasury bill (T-bill) yields for Ghana in 2024. This projection comes as the Ghanaian government moves forward with external ...

In a recent development, global creditors convened with major credit rating agencies, including Moody’s, Fitch, and S&P Global Ratings, to address concerns regarding the agencies’ responses to debt relief initiatives ...

Fitch has confirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B' - with a Stable Outlook, underlining the bank’s resilience in the face of a challenging operating environment. ...

The Finance Minister of Ghana, Mr. Ken Ofori-Atta has disclosed that a key challenge with Credit Rating Agencies (CRAs) is the “systemic bias” in their rating methodologies, procedures, practices, and ...

Bloomberg has indicated from its data compilation that, Ghana needs to repay $3.5 billion in loans and bonds next year. According to Bloomberg report, the quoted figure is higher than ...