Ghanaian bank gets 1st rating

A Ghana-based financial services company has been assigned a first-time long-term issuer default rating (IDR), by Fitch Ratings.

Guaranty Trust Bank (GTB) Ghana has received a first-time IDR of B, with a stable outlook.

The company’s rating reflects its healthy asset quality and strong profitability, capitalisation and liquidity coverage.

See issuer profile here