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GCR upgrades Fidelity Bank rating on stronger capital position
GCR Ratings has upgraded Fidelity Bank Plc’s national scale long term issuer rating to A Plus (NG), from A (NG), while affirming its short term issuer rating at A1 (NG). The outlook remains stable. The upgrade reflects Fidelity Bank’s significantly strengthened capital position following the addition of NGN227.0 billion to its total core capital. GCR […]
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