Small Size, Mixed Capital Strength Shape EMEA Reinsurer Ratings: Fitch Ratings

Small size, mixed capital strength shape EMEA reinsurer ratings: Fitch Ratings

Fitch Ratings, a credit rating agency known for its analysis of financial institutions and insurance entities, has identified size-related constraints and varying capital strength as key factors influencing the ratings of small reinsurers operating in the EMEA region. In its latest peer review published on 29 May 2025, Fitch assesses four companies: Phoenix Re, Oman Re, ASR Re, and Echo Re, noting that while all operate at a relatively limited s…

Fitch Affirms Fidelity Bank's Long-Term IDR, Upgrades National Rating

By Adedapo Adesanya 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 reflects the bank’s strengthened capital buffers and improved profitability, signalling continued positive momentum in its performance. According to Fitch, the rating upgrade […]

Fitch Upgrades Fidelity Bank’s National Rating To ‘A+(nga)’, Affirms Long-Term IDR At ‘B’ - Brand Spur

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 succes…

Fidelity Bank’s Rating Raised To A+(nga) As Capital And Profitability Improve

Global credit rating agency, Fitch Ratings, has upgraded Fidelity Bank Plc’s National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’ while affirming its Long-Term Issuer Default Rating (IDR) at ‘B’. The rating action, announced on May 29, 2025, reflects the bank’s strengthened capital buffers, sustained earnings growth, and prudent risk management. The upgrade follows Fidelity Bank’s recent […] The post Fidelity Bank’s Rating Raised to A+(nga) as C…

Fitch Upgrades Fidelity Bank’s National Rating To ‘A+(nga)’, Affirms Long-Term IDR At ‘B’

The Genius Media 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…

Fidelity Bank Gets Stronger Local Rating From Fitch, Keeps Same Global Score

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…