Nigeria 
Ghana
Sierra Leone 
Gambia 
United Kingdom
Credit Ratings
A credit rating is an assessment of the solvency or credit-worthiness of debtors and/or bond-issuers according to established credit review procedures.
For the issuers of fixed income securities, credit ratings can provide greater market liquidity for their securities and reduced transaction costs. A rating is continuously monitored as it enables investors to measure their investment risk.
Download copies of our Ratings Reports (.PDF) below:
STANDARD AND POOR
- Standard and Poor’s Rating Report September 2023
- Standard and Poor’s Rating Report December 2022
- Standard and Poor’s Rating Report October 2021
- Standard and Poor’s Rating Report December 2020
- Standard and Poor Peer Review 2020
- Standard and Poor December 2019
- Standard and Poor November 2018
- Standard and Poor’s Rating Report 2018
- Standard and Poor’s Rating Report 2017
- Standard and Poor’s Rating Report 2016
- Standard and Poor Peer Review 2015
- Zenith Bank Plc – 2013 S&P Ratings
- Standard and Poor Ratings report 2012 Full
- Standard and Poor’s – 2011 {Research Update}
- Standards And Poors – 2010
- Standards And Poors – 2009
FITCH
- Fitch Ratings Report December 2022
- Fitch Ratings Report July 2022
- Fitch Ratings Report September 2021
- Fitch Ratings Peer Review December 2020
- Fitch Ratings Peer Review April 2020
- Fitch Rating Report November 2019
- Fitch Rating Report December 2018
- Fitch Rating Report December 2017
- Fitch Rating Report March 2017
- Fitch Ratings Peer Review February 2016
- Fitch Rating Report 2015
- Fitch Ratings Peer Review April 2015
- Fitch Ratings Peer Review (2015)
- Fitch Ratings Peer Review (2014)
- Fitch Standard & Poor 2014 Ratings Report
- Fitch Ratings Peer Review (2013)
- Fitch Ratings – 2013
- Fitch Credit Ratings 2012 – Zenith Rating
- Fitch Ratings 2011 Zenith Rating – Full Report
- Fitch Ratings – 2010
- Fitch Ratings Press Release on Zenith 2010
- Fitch Ratings – 2009
MOODY
- Moody's Credit Rating February 2023
- Moody's Credit Rating December 2021
- Moody's Credit Rating July 2021
- Moody's Credit Rating May 2019
- Moody's Credit Rating Nov 2018
- Moody's Credit Rating Nov 2017
- Moody’s Credit Rating Nov 2016 – Zenith Rating
- Moody’s National Rating on Nigerian Banks November 2016
- Moody’s Investors Service Rating for Zenith Bank Plc
- Moody’s Investors Service Press Release
