Report

Diamond Bank, FCMB, Fidelity Bank, Sterling Bank, Union Bank: Nigeria's mid-tier banks show solid earnings potential but still need to recover from the 2016 recession

Nigeria's mid-tier banks represent a growth opportunity in the Nigerian banking sector but will remain under pressure while the economy recovers.
Underlyings
FCMB (First City Monument Bank) Limited

Union Bank of Nigeria plc

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

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    76,000 structured finance obligations



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Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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