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3 New Articles
  • 41 minutes ago Things Fall Apart Festival: We are ushering in new literary movement – James
  • 1 hour ago Air Peace: Impunity as business model
  • 2 hours ago Akume urges Benue people to unite towards lasting peace, security, commiserates with victims
Home Tag Archives: Ecobank Ghana Limited

Tag Archives: Ecobank Ghana Limited

Business

Ratings agencies downgrade Ghana’s biggest banks

By Martin-Luther C. King
24 March 2022
in :  Business
0
121

Rating agencies Fitch and Moody’s have downgraded Ghana’s biggest banks, GCB Bank PLC and Ecobank Ghana Limited. GCB Bank PLC and Ecobank Ghana Limited are Ghana’s largest and second-largest banks, respectively. Two other Ghanaian banks with Nigerian affiliation, UBA Ghana and GTBank Ghana, also had their ratings revised from stable to negative due to their “high exposure to the sovereign …

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