Fitch Ratings affirms InfraCredit’s national IFS Rating at ‘Aaa(Nga)’ with stable outlook

Dailytrust | 22-08-2024 03:48pm |

Rating agency, Fitch Ratings (Fitch) has affirmed Infrastructure Credit Guarantee Company Limited (InfraCredit’s) National Insurer Financial Strength (IFS) Rating at ‘AAA (nga)’ with a stable outlook. It also affirmed its IFS Rating at ‘B+’ with a positive outlook. The ratings highlight InfraCredit’s robust capitalisation and leverage, along with its strategic investment concentration in Nigerian sovereign [...]

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