Tag: Fitch ratings

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 ...

Prof. Eric Osei-Assibey, a Senior Lecturer at the Department of Economics - University of Ghana, has warned against the expectation of more downgrades from rating agencies until a deal is ...

Fitch Ratings, a leading provider of credit ratings, commentary and research for global capital markets has downgraded Ghana's Long-Term (LT) Local Currency (LC) Issuer Default Rating (IDR) to Restricted Default ...

Stanbic IBTC Bank has emerged first in retail and corporate banking in a survey conducted by KPMG Nigeria on Banking Industry Customer Experience (CX). According to the report, Stanbic IBTC ...

Fitch Ratings has warned that Ghanaian banks could face significant pressure on their capitalization due to the restructuring of local-currency (LC) sovereign debt. Fitch believes banks will suffer large economic ...

Fitch Ratings, a leading provider of credit ratings, has predicted that the deteriorating global and domestic shocks will undermine credit drivers for African banks in 2023, which will lead to the ...

The African Peer Review Mechanism (APRM), an organ of the African Union (AU) that supports African countries in the area of credit ratings, has condemned latest downgrade of Ghana’s economy ...