Fitch downgrades FirstBank, GTB, Zenith, Diamond to negative

Oyetunji Abioye  Global rating agency, Fitch Ratings, has downgraded the rating of four Nigerian banks from “stable” to “negative” The banks are First Bank of Nigeria Limited, Guaranty Trust Bank Plc, Zenith Bank Plc and Diamond Bank Plc. The lender also said it had affirmed the Long-Term Issuer Default Ratings of 10 financial institutions in […]

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The post Fitch downgrades FirstBank, GTB, Zenith, Diamond to negative appeared first on Punch Newspapers.

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