Lagos, 31 August 2023 – GCR Ratings (GCR) has affirmed First City Monument Bank Limited’s national scale long and short-term issuer ratings of A-(NG) and A2(NG) respectively. Concurrently, GCR affirmed FCMB Financing SPV Plc’s Series 3 NGN5.1 billion Unsecured Subordinated Bond rating of BBB+(NG), with the Outlook revised to Rating Watch Negative from Stable. Rated...
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