Fitch upgrades Fidelity Bank’s national rating to ‘A+(nga)’, affirms long-term IDR at ‘B’

Fitch upgrades Fidelity Bank’s national rating to ‘A+(nga)’, affirms long-term IDR at ‘B’

Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers and improved profitability, signaling continued positive momentum in its performance. According to Fitch, the rating upgrade is underpinned by Fidelity Bank’s successf…

Fitch Upgrades Fidelity Bank’s Rating to ‘A+(nga)’, Affirms Long-Term IDR at ‘B’ - Business Hallmark

Fitch Ratings has upgraded Fidelity Bank Plc’s National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’ and affirmed its Long-Term Issuer Default Rating (IDR) at ‘B’, reflecting improved capitalisation and stronger profitability. The global credit rating agency announced the upgrade on May 29, 2025, citing the bank’s recent successful capital raise—via a rights issue and public offer—as […] The post Fitch Upgrades Fidelity Bank’s Rating to ‘A+(nga)’…

Fitch upgrades Fidelity Bank’s national rating to ‘A+(nga)’, affirms long-term IDR at ‘B’ – Media Talk Africa

Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Ra

Fitch Upgrades Fidelity Bank’s National Rating To ‘A+(nga)’ - Swift Reporters

…. Affirms Long-Term IDR at ‘B’ Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers and improved profitability, signaling continued positive momentum in its performance. According to Fitch, the rating upgrade is underpi…