Stanbic IBTC Bank retains its AAA national Fitch ratings

Stanbic IBTC Bank Plc and its holding company, Stanbic IBTC Holdings Plc, have retained their AAA national ratings by Fitch Ratings, the global leader in credit ratings. The rating reaffirmed their strong fundamentals and stability, especially the ability to meet their financial commitments as they fall due. The two institutions recorded AAA (nga) national long-term […]

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fidelity bank

Fidelity Bank records largest combined new issue, liability offering ever

Fidelity Bank Plc, on October 11, 2017, priced a successful $400 million five-year Eurobond with a 10.50 per cent coupon in what is the largest combined new issue and liability management offering ever by a Nigerian issuer. Citigroup Incorporated, Renaissance Capital and Standard Bank Group Limited managed the deal, which included an any-and-all cash tender […]

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