{"id":51379,"date":"2021-08-18T13:28:33","date_gmt":"2021-08-18T12:28:33","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=51379"},"modified":"2021-08-18T19:49:09","modified_gmt":"2021-08-18T18:49:09","slug":"united-capital-gets-a-rating-stable-outlook","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/united-capital-gets-a-rating-stable-outlook\/","title":{"rendered":"United Capital Gets A+ Rating, Stable Outlook"},"content":{"rendered":"<p>Leading national Credit Rating Agency (CRA), DataPro\u00ae, regulated by the Securities &amp; Exchange Commission (SEC), has assigned an A+ rating, an indication of low risk to United Capital Plc with a stable outlook for the year 2020\/2021.<\/p>\n<p>In a statement by Abimbola Adeseyoju, Managing Director\/CEO of DataPro, the rating also \u201cshows very good financial strength, operating performance and business profile, when compared to the standards established by DataPro.<\/p>\n<p>\u201cThis company, in our opinion, has the ability to meet its ongoing obligations,\u201d the statement added, noting that its rating followed an assessment of the company\u2019s financial performance, corporate governance and risk management, risk factors, regulatory environment, (as well as the) future outlook of its current healthy profile in the medium to long-term period.\u201d<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>The rating of United Capital, Adeseyoju explained, \u201cis supported by its diversified revenue sources, high-quality assets and investment profile,\u201d following United Capital got a short-term rating of A1 indicating good credit quality and satisfactory capacity for timely payment of financial commitments<\/p>\n<p>DataPro noted that the rating carries a maximum shelf life of 12 calendar months, in line with international best practices.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Leading national Credit Rating Agency (CRA), DataPro\u00ae, regulated by the Securities &#038; Exchange Commission (SEC), has assigned an A+ rating, an indication of low risk to United Capital Plc with a stable outlook for the year 2020\/2021.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":18014,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[8847],"coauthors":[2391],"class_list":["post-51379","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-united-capital-plc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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