Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks.

They are Zenith Bank Plc, FBN Holdings Plc and its subsidiary, First Bank of Nigeria Limited, the United Bank for Africa Plc, Guaranty Trust Bank Plc (GTBank) and Access Bank Plc.

Others are Diamond Bank Plc, Fidelity Bank Plc, Union Bank Plc and First City Monument Bank Limited (FCMB).

The rating agency explained in a report yesterday that the outlook for all the banks are stable.

READ MORE HERE http://www.thisdaylive.com/articles/fitch-affirms-10-nigerian-banks-ratings/202595/

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