Tag: credit rating
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Fitch Affirms UBA Ghana Rating on Strong Financials
Fitch Ratings has maintained UBA Ghana’s Long-Term Issuer Default Rating at ‘B-’ with a stable outlook, citing robust capital buffers and improved asset quality.
The...
Afreximbank Downgraded Again as Moody’s Warns on Sovereign Exposure
Pan-African trade financier Afreximbank faces renewed credit pressure after Moody's downgraded its rating to Baa2 – the second reduction in four weeks.
The agency cited...
Afreximbank Elects Elombi as New President Amid Rating Controversy
The African Export-Import Bank (Afreximbank) has appointed Dr. George Elombi as its incoming President and Board Chairman.
Shareholders confirmed the Cameroonian executive during the Bank's...
Fitch Upgrade Masks Ghana’s Persistent Debt Challenges
Fitch Ratings' decision to upgrade Ghana's Long-Term Foreign-Currency Issuer Default Rating to 'B-' from 'Restricted Default' has drawn mixed reactions from financial experts, who...
Ghana’s Economic Recovery Gains Momentum as Fitch Upgrades Credit Rating
Finance Minister Cassiel Ato Forson has reaffirmed the government's commitment to sustainable economic recovery following Fitch Ratings' upgrade of Ghana's Long-Term Foreign-Currency Issuer Default...
