{"id":14344,"date":"2023-07-19T15:36:45","date_gmt":"2023-07-19T15:36:45","guid":{"rendered":"https:\/\/theblogonline.com\/?p=14344"},"modified":"2023-07-19T15:36:45","modified_gmt":"2023-07-19T15:36:45","slug":"agusto-co-affirms-fidelity-banks-a-rating-with-a-stable-outlook","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=14344","title":{"rendered":"Agusto &#038; Co. Affirms Fidelity Bank\u2019s \u2018A\u2019 Rating With A Stable Outlook"},"content":{"rendered":"<p class=\"p1\">Pan-African credit rating agency, <a href=\"https:\/\/www.agusto.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Agusto &amp; Co.<\/a> has affirmed the \u2018A\u2019 rating assigned to <a href=\"https:\/\/www.fidelitybank.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">Fidelity Bank Plc<\/a> 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 class=\"p1\"><span class=\"s1\">According to a note on the <a href=\"https:\/\/www.agusto.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Agusto &amp; Co<\/a>. website, \u201cThe rating reflects <a href=\"https:\/\/www.fidelitybank.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">Fidelity Bank<\/a>\u2019s improved profitability, strong ability to refinance, adequate capitalisation and low level of impaired credits.\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><a href=\"https:\/\/www.fidelitybank.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">Fidelity Bank<\/a> 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. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">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. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">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 <a href=\"https:\/\/businessday.ng\/companies\/article\/cardinalsstone-wins-4-awards-at-bafi-2022\/\" rel=\"nofollow noopener\" target=\"_blank\">BusinessDay Banks and Other Financial Institutions (BAFI) Awards<\/a>.<\/span><\/p>\n","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.<\/p>\n","protected":false},"author":1,"featured_media":14345,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2456],"tags":[7271,1213],"class_list":["post-14344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-agusto-co","tag-fidelity-bank"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14344"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14344"}],"version-history":[{"count":1,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14344\/revisions"}],"predecessor-version":[{"id":14346,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14344\/revisions\/14346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/14345"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}