Fitch Ratings has upgraded the United Bank for Africa Plc’s (UBA) Viability Rating (VR) to ‘b’ from ‘b-‘. The bank’s Long-term Issuer Default Rating (IDR) of ‘B+’, Support Rating (SR) of ‘4’ and Support Rating Floor (SRF) of ‘B+’ were however affirmed by one of the global rating giants. It also stated that UBA’s outlook […]
Fitch affirms UBA’s B , upgrades bank’s viability rating
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