Asset Quality

GCR Ratings has upgraded the national long-term credit rating of Globus Bank Limited to BBB(NG) from BBB-(NG), affirming its short-term rating at A3(NG). The outlook remains stable, following notable improvements in the bank’s…

FBN Holdings Plc finished the 2019 operations with profit up for the third year running on a sustained drop in loan loss expenses also for the third consecutive year. It was an accelerated drop of 52 percent in loan impairment expenses to…