Fitch Downgrades Union Bank’s Ratings
Fitch Downgrades Union Bank’s Ratings …C0NTINUE READING HERE >>> Fitch Ratings has downgraded Union Bank of Nigeria Plc’s Long-Term Issuer Default Ratings (IDR) to ‘CCC’ from ‘B-’ and its National Long-Term Rating to ‘B+(nga)’ from ‘BBB(nga). The bank also had its Viability Rating (VR) downgraded to ‘ccc’ from ‘b-’ over concerns of breaching capital requirements. … Read more