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.
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