Fitch Reaffirms Stanbic IBTC AAA Rating Amid Naira Devaluation, Recapitalisation Tests

Fitch Reaffirms Stanbic IBTC AAA Rating Amid Naira Devaluation, Recapitalisation Tests

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Fitch Ratings has reaffirmed Stanbic IBTC Holdings' 'AAA(nga)' National Long-Term Rating despite challenges from naira devaluation and recapitalisation tests, maintaining the group's top position in Nigeria's national ratings.

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Originally published by gnews