Huge losses under DDEP has significantly weakened banking sector’s capitalisation – Fitch
Rating agency, Fitch, has warned that the large losses imposed on bondholders under the Domestic Debt Exchange Programme (DDEP) has ...
Friday, December 8, 2023
Tag: Fitch
Sovereign default at record high; Ghana, Zambia among countries significantly affected – Fitch
There have been 14 separate default events since 2020, across nine different sovereigns, Fitch Ratings has disclosed in a new ...
Fitch upgrades Ghana’s rating to ‘CCC’
International ratings agency, Fitch Ratings, has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. ...
Fitch sees more than 50% chance of Ghana defaulting on debt repayment
Rating agency, Fitch, sees more than 50% chance of Ghana defaulting on its debt repayment. According to the rating agency, ...
Fitch downgrades Ghana to further ‘junk’ status
Rating agency, Fitch, has downgraded Ghana’s Long-Term Local – and Foreign-Currency Issuer Default Ratings (IDRs) to ‘CC’ or further junk ...
Fitch downgrades Ghana to ‘CCC’ days after poor S&P grading
Rating agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘. The downgrade, it ...
Ghana’s faces up to a downward credit ratings revision
As was expected by many economists and financial analysts, international sovereign credit ratings agency, Fitch has revised Ghana’s economic outlook ...
Fitch Revises Ghana’s Economy to Negative
International Ratings agency, Fitch has revised Ghana’s economic outlook to negative from stable, but affirms its B ratings. The revision ...
Ghanaian banks well-positioned to absorb risk from borrowers, others – Fitch
International Rating agency, Fitch, says Ghanaian banks are well-positioned to absorb the increased asset quality risk from borrowers pressured by ...
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