Fitch to Upgrade Ecobank Ratings if Exchange Rate Volatility Eases

By Aduragbemi Omiyale There is every possibility for an upgrade in the ratings of Ecobank Transnational Incorporated (ETI) and Ecobank Nigeria Limited (ENG) if the exchange rate volatility in Nigeria eases. This is the position of a global rating agency, Fitch, in its latest rating action. The firm had placed the Viability Ratings (VRs) of… Continue reading Fitch to Upgrade Ecobank Ratings if Exchange Rate Volatility Eases