PremiumTrust Bank Receives Dual Credit Rating Upgrades
PremiumTrust Bank has achieved dual credit rating upgrades from Agusto & Co. and DataPro Limited, indicating its financial strength and consistent growth. Agusto & Co. upgraded the bank’s long-term rating from BBB+ to A- and its short-term rating from A2 to A1.
DataPro upgraded the long-term rating from A- to A while affirming the short-term rating at A1. These ratings reflect a low credit risk profile and a strong capacity to meet financial obligations.
The bank reported a capital adequacy ratio of 40.8%, a liquidity ratio of 71.1%, and a non-performing loan (NPL) ratio of 0.2%. PremiumTrust Bank's pre-tax profit for FY2025 was N177.1 billion, with total assets of N1.7 trillion.
The bank has expanded to 33 branches nationwide and invested in digital banking. Emmanuel Efe Emefienim, the Managing Director/CEO, stated that these upgrades validate the bank's fundamentals and commitment to growth.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
Read full article
Continue on Daily Trust
Get the week in one email
Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.
Related Stories
PremiumTrust Bank's CAR Soars to 40.8% After Upgrades
Mutual Benefits Assurance Receives A- Rating Upgrade in 2026
Unitrust Insurance Achieves A+ Rating from Agusto & Co.
Globus Bank Receives Upgrades from Agusto & Co. and GCR
Prestige Assurance Completes Recapitalisation for Growth
Stanbic IBTC Bank Maintains AAA(nga) Rating for 2026
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
