Fitch: More African banks to be downgraded in 2023
Deteriorating global and domestic shocks will undermine credit drivers for African banks in 2023, Fitch has said.
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Tag: downgrade
Ghana: S&P rating still at CCC+ despite downgrade by Fitch, Moody’s
Credit rating of Ghana’s bonds by rating agency, Standard and Poor’s (S&P), still stands at “CCC+” with a negative outlook.
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Gov’t questions S&P ratings downgrade
The Ministry for Finance has expressed disappointment over the latest downgrade of Ghana’s foreign and local currency from ‘B-/B’ To ...
Read moreGhana’s Credit Rating Downgraded From B- To CCC+
Ghana’s debt has been pushed into speculative territory, lowering its foreign and local currency sovereign ratings to CCC+/C from B-/B
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Ghana likely to go for another round of downgrade – Seth Terkper
Former Minister for Finance, Seth Terkper, has said Ghana is likely to experience another downgrade from credit rating agencies if ...
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