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PremiumTrust Bank gets dual credit rating upgrades

From Vanguard · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Documents & data Outcome reported
  • PremiumTrust Bank received credit-rating upgrades from Agusto & Co. and DataPro Limited.
  • Agusto raised the bank’s long-term rating from BBB+ to A- and its short-term rating from A2 to A1, while DataPro raised its long-term rating from A- to A.

PremiumTrust Bank has received dual credit-rating upgrades from Agusto & Co. and DataPro Limited.

Agusto raised the bank’s long-term rating from BBB+ to A- and its short-term rating from A2 to A1. DataPro upgraded the bank’s long-term rating from A- to A.

The upgrades highlight the bank’s financial strength, risk management and growth trajectory.

About this summary

Originally published by Vanguard. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.