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GCR Maintains Stable Outlook on Bank Ratings, Cites Strong Capital and Liquidity
The Business NG
|The BusinessNG
Global Credit Rating (GCR) has affirmed a Stable Outlook on a leading Nigerian bank's ratings, following a successful capital injection that is expected to keep its core capital ratio above 20% over the next 12 to 18 months.The agency noted that the bank’s strong liquidity position and sound funding structure continue to underpin its credit strength.
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In its outlook statement, GCR projected that the bank's asset quality metrics would remain within regulatory limits and industry averages, reinforcing its stable risk profile.
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