Agusto upgrades FCMB’s Credit Direct rating to BBB+

Agusto & Co. upgraded the rating of FCMB Group Plc’s consumer finance arm, Credit Direct, to BBB+. This is as the company also completed the payout of its Series I and II Commercial Paper. In its upgrade review, Agusto & Co. said, “The upgrade reflects Credit Direct’s dominant position in the industry and its good Read More

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