Fitch Rating Affirms Wema Bank’s Long-Term National Rating at BBB- with a Stable Outlook

Fitch Ratings, a global leader in credit ratings and research has affirmed the Long-term National Rating of Wema Bank at (BBB-). This is reflective of the Bank’s stable outlook and viability, in spite of the continued headwinds facing the country. In Fitch’s opinion, the banking industry will remain challenging considering low oil prices, slow growth, ...