{"id":74126,"date":"2023-07-19T19:54:52","date_gmt":"2023-07-19T18:54:52","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=74126"},"modified":"2023-07-19T19:54:52","modified_gmt":"2023-07-19T18:54:52","slug":"agusto-co-affirms-fidelity-banks-a-rating-with-a-stable-outlook","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/agusto-co-affirms-fidelity-banks-a-rating-with-a-stable-outlook\/","title":{"rendered":"Agusto &#038; Co. Affirms Fidelity Bank\u2019s \u2018A\u2019 Rating, With A Stable Outlook"},"content":{"rendered":"<p>Pan-African credit rating agency, Agusto &amp; Co. has affirmed the \u2018A\u2019 rating assigned to Fidelity Bank Plc and assigned an ESG score of \u20182\u2019 in reflection of the agency\u2019s view that environmental, social and governance issues have minimal contribution to the Bank\u2019s credit rating.<\/p>\n<p>According to a note on the Agusto &amp; Co. website, \u201cThe rating reflects Fidelity Bank\u2019s improved profitability, strong ability to refinance, adequate capitalisation and low level of impaired credits.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-72700 alignleft\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2023\/06\/IMG-20230607-WA0043.jpg\" alt=\"\" width=\"433\" height=\"649\" srcset=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/IMG-20230607-WA0043.jpg 433w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/IMG-20230607-WA0043-200x300.jpg 200w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/IMG-20230607-WA0043-73x110.jpg 73w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/IMG-20230607-WA0043-280x420.jpg 280w, https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/IMG-20230607-WA0043-287x430.jpg 287w\" sizes=\"auto, (max-width: 433px) 100vw, 433px\" \/>Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 7.5 million customers serviced across its 250 business offices and digital banking channels.<\/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 bank was recognized as the Best Payment Solutions Provider, Nigeria, 2023 and Best SME Bank, Nigeria, 2022 by the Global Banking and Finance Awards. The bank had previously also won awards for the \u201cFastest Growing Bank\u201d and \u201cMSME &amp; Entrepreneurship Financing Bank of the Year\u201d at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.<\/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>Pan-African credit rating agency, Agusto &#038; Co. has affirmed the \u2018A\u2019 rating assigned to Fidelity Bank Plc and assigned an ESG score of \u20182\u2019 in reflection of the agency\u2019s view that environmental, social and governance issues have minimal contribution to the Bank\u2019s credit rating.<!-- 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":26790,"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":[753],"coauthors":[2391],"class_list":["post-74126","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-fidelity-bank-plc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agusto &amp; Co. 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