Credit Ratings
UBA Group consistently maintains strong credit ratings from leading global agencies, highlighting the bank's financial stability and sound risk management.
Our Credit Ratings
A credit rating is an assessment report for companies or governments that owe money. Credit ratings help investors understand how likely a company or government will repay their debts. These ratings give detailed information about the financial health and reliability of the borrower, helping investors decide if lending money to them Is a good idea or risky.
| National | S&P Global | Fitch Ratings | GCR Ratings | Agusto&Co. |
|---|---|---|---|---|
| Short-term | ngA-3 | F1+(NGA) | A1+ (NG) | Aa- |
| Long-term | ngBBB- | A+(NGA) | 656.70 | Aa- |
| International | ||||
| Short-term | B | B | A1+ (NG) | Aa- |
| Long-term | B- | B- | B | Aa- |
| Outlook | Negative | Stable | Stable | Stable |
| Ratings Date | Feb. 2023 | Jan. 2023 | Nov. 2022 | Nov. 2022 |
S&P and Fitch ratings of UBA Plc ranks at par with the Nigerian Sovereign rating and these are the highest ratings for any Nigerian corporate, as the Sovereign rating underpins the ratings of corporates operating in the country.
