S&P revises Nigerian bank view to stable

S&P said it revised the outlooks for several Nigerian banks to stable from negative and affirmed their global scale ratings. This rating action follows a similar action on Nigeria’s outlook and ratings on Aug. 4.

The banks are Access Bank plc, United Bank for Africa plc, Zenith Bank plc, Ecobank Nigeria Ltd., Fidelity Bank plc and First Bank of Nigeria Ltd.

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