Nigerian Bank Downgraded for Breach of Minimum Regulatory Capital
Nigerian Bank Downgraded for Breach of Minimum Regulatory Capital …C0NTINUE READING HERE >>> Fitch Ratings has downgraded Union Bank of Nigeria Plc’s Long-Term Issuer Default Ratings (IDR) from “B-” to “CCCIn addition to this, its former “BBB(nga)” National Long-Term Rating has been lowered to “B+(nga).” Concerns about the timeline for achieving compliance led to the … Read more