Rating Action: Moody's confirms Access Bank Plc's long-term deposit ratings with stable outlook; upgrades and will subsequently withdraw Diamond Bank PLC's ratings. Global Credit Research- 28 Mar 2019. London, 28 March 2019-- Moody's Investors Service has today confirmed Access Bank Plc's long-term local currency deposit rating of B2, long-term foreign currency deposit rating of B3, long-term issuer ratings of B2, local currency senior unsecured rating of B2, local currency...
Rating Action: Moody's places Access Bank Plc's ratings under review for downgrade and Diamond Bank PLC's ratings on review for upgrade. Global Credit Research- 29 Jan 2019. London, 29 January 2019-- Moody's Investors Service has today placed on review for downgrade Access Bank Plc's B2 long-term local currency deposit rating, its B3 long-term foreign currency deposit rating, its b2 Baseline Credit Assessment and Adjusted BCA, its B1 long-term Counterparty Risk Rating and its B1...
Moody's Investors Service ("Moody's") has today downgraded the baseline credit assessment (BCA) and adjusted BCA of Diamond Bank PLC ("Diamond") to caa3 from caa1. Moody's also downgraded Diamond's long-term local currency and foreign currency deposit ratings to Caa1 from B3....
Nigeria's mid-tier banks -- Fidelity Bank Plc (Fidelity), Union Bank of Nigeria Plc (Union), First City Monument Bank Limited (FCMB), Sterling Bank Plc, and Diamond Bank Plc (Diamond) -- will grow their earnings materially over the long-term, says Moody's Investors Service ("Moody's") ...
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