Credit Rating Assigned – National Rating            A Foreign Currency (FCY) : B-
Outlook                                      Stable
Issue Date                                     31 July 2026
Expiry Date 30 June 2027
Previous Rating                                A
Industry                                      BANKING
Rating Agency                                 AGUSTO & CO. LIMITED, NIGERIA
FSDH Merchant Bank Limited’s (‘FSDH MB’ or ‘the Bank’) ‘A’ rating is on the back of a good liquidity profile, good capitalisation, and experienced management team.
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