Tag: Fitch ratings

According to a recent report by Fitch Ratings, the banking sector in 2023 witnessed a remarkable resurgence in profitability, attributed to the exceptional performance of treasury bills, thus facilitating a ...

Fitch Ratings has affirmed Bank of Africa’s (BOA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BB’ with Stable Outlooks. Fitch has also affirmed BOA’s Viability Rating (VR) at ...

In a recent report, Fitch Ratings, a renowned credit rating agency, has forecasted that Ghana’s debt is expected to decline to 87% of its Gross Domestic Product (GDP) by the ...

Fitch Ratings, a global credit rating agency, has recently issued a warning about prolonged debt resolution in frontier markets, with a particular focus on Ghana, stating that defaults are taking ...

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Standard Bank Group Limited (SBG) and its main operating subsidiary, the Standard Bank of South Africa Limited (SBSA), at ...

Fitch Ratings, a multinational credit rating agency, has signalled its intention to bestow a positive rating upon Ghana once the nation restores relations with a significant majority of non-tendered securities ...

Fitch Ratings, a leading provider of credit ratings, commentary and research for global capital markets, has issued a stern warning to Ghana regarding the rising interest costs on its domestic ...

The African Export-Import Bank's (Afreximbank) Long-Term Issuer Default Rating (IDR) has been confirmed by the international rating agency Fitch Ratings at "BBB," with a stable outlook. Fitch also affirmed Afreximbank’s ...

Banks in Ghana, according to research agency, Fitch Solutions, will suffer considerably this year in areas of loan growth and quality as well as profitability. In a recent report on ...

Fitch, an international rating agency, has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. The upgrade of the ratings on Ghana’s LC denominated debt ...