Tag: Diamond Bank

S&P downgrades Diamond Bank to CCC+/C’
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S&P downgrades Diamond Bank to CCC+/C’

Global credit rating agency, S&P Global Ratings said it has lowered its long- and short-term issuer credit ratings on Nigeria-based Diamond Bank Plc. to ‘CCC+/C’ from ‘B-/B’. S&P said it also gave a negative outlook to the bank’s credit rating. In addition, the rating agency said it also lowered its […]