S&P Affirms Access Bank’s Ratings

Posted by - March 29, 2019

Following the merger between Access Bank Plc and Diamond Bank, one of the global rating agencies, Standard and Poor’s (S&P), recently revealed that it has discontinued its ‘CCC+/C’ long- and short-term issuer credit ratings and its ‘ngBB/ngB’ Nigeria national scale ratings on Diamond Bank. At the same time, it affirmed the ‘B/B’ long- and short-term

Rwanda’s economy gains S&P outlook status

Posted by - August 14, 2018

Rwanda has earned Standard and poor’s (S&P), a corporate and sovereign rating agency, revised outlook to positive from stable and maintained the rating at B/B for long and short term. The rating, by the American independent credit rating agency, was released on August 10, 2018. Rating agencies like S&P are always non-governmental institutions or independent