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Nigeria-Based Zenith Bank ‘B-B’ And ‘ngBBB-ngA-2’ Ratings Affirmed; Outlook Stable

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    We believe Zenith Bank will continue to display better asset quality indicators than its domestic peers and sound earnings generation amid slow economic recovery in Nigeria. We are affirming our ‘B/B’ global scale and ‘ngBBB/ngA-2’ national scale ratings on Zenith. The stable outlook on Zenith reflects that on Nigeria and our expectation that ...

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