Fidelity investments ratings credit
Fidelity Bank has consistently paid dividends in the last 13 years, even in the most turbulent time in the Nigerian banking industry. In the last 5 years, dividends have moved within the band of + or – 20.0% of 17.5 Kobo per share. The Bank’s composite risk rating is sound and does not preclude it from paying more than 30% of its net profit. Fixed Income News | Fidelity Investments “The rating on Illinois reflects some of the credit attributes we have long cited as being most exposed to credit pressure derived from exogenous shocks, including lower reserve levels and elevated fixed costs,” S&P said. Illinois is the only state with a negative S&P outlook. The rating agency will be looking for a …