Fitch Affirms Fidelity Bank Ratings With Stable Outlook

Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report.  The global rating agency also upgraded the bank’s National Short-Term Rating to ‘F1+(nga)’ from ‘F1(nga)’. It said the upgrade reflects the improvement in the bank’s local-currency funding profile, as evidenced by the increase in the … Continue reading Fitch Affirms Fidelity Bank Ratings With Stable Outlook