Wema Bank Secures Ratings Upgrade from Fitch and Global Credit Ratings
Lagos, June 12, 2025 Wema Bank Plc, one of Nigeria’s leading financial institutions, has received a significant boost to its credit profile, following ratings upgrades by two major international rating agencies — Fitch Ratings and Global Credit Ratings (GCR). Fitch upgraded Wema Bank’s Long-Term Issuer Default Rating (IDR) from ‘B-’ to ‘B’, with a Stable