WebJan 23, 2024 · GCR assigns FCMB Group Plc National Scale Issuer Ratings of BBB+ (NG) /A2 (NG); Outlook Stable Jan 23, 2024 Lagos, 23 January 2024 – GCR Ratings (“GCR”) has assigned FCMB Group Plc national scale long and short-term issuer ratings of BBB+ (NG) and A2 (NG) respectively, with a Stable Outlook. WebThe ratings on FCMB is weighed against the high credit risks from rapid lending growth in 2008, the short-term funding profile, and inherently high economic and industry risks of …
Moody
WebApr 11, 2024 · Lagos, Nigeria, 11 April 2024 – GCR Ratings (GCR) has assigned a final public national scale long-term Issue rating of BBB- (NG) to FCMB Group Plc’s NGN20.7Bn additional tier 1 subordinated bonds, with the Outlook accorded as Stable. WebMar 12, 2024 · FIRST CITY MONUMENT BANK LIMITED Contains ads 3.1 star 18.5K reviews 1M+ Downloads Everyone info Install About this app arrow_forward The new FCMB mobile app is all you need for all your... short buffer
GCR assigns a final rating of BBB-(NG) to FCMB Group Plc’s …
WebOct 2, 2024 · The report highlighted the key rating drivers showing improved impaired loans in recent years. The commentary also pointed that FCMB’s National Ratings were driven by the bank’s standalone strength, with a capital adequacy ratio of 15.9%, which is above the minimum regulatory requirement of 15%. Key drivers WebDec 1, 2024 · - FCMB (First City Monument Bank) Limited (FCMB) The affirmation of FCMB's B2 long-term deposit ratings reflects the affirmation of the bank's b3 BCA and Moody's ongoing expectation of a high probability of government support, leading to one notch of uplift from the BCA. WebJun 21, 2024 · Key rating considerations are summarized below. FCMB (First City Monument Bank) Limited's (FCMB) B2 long-term deposit ratings incorporate a one … sandycove tennis club