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Fitch Upgrades Fidelity Bank’s Ratings to ‘A+, IDR 'B' - InsideBusiness - Business News in Nigeria

Summary by NewsOne Nigeria
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…
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InsideBusiness - Business News in Nigeria broke the news in on Tuesday, June 3, 2025.
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