Global Credit Rating (GCR) has downgraded FBNQuest Merchant Bank Limited’s national long and short-term issuer ratings to BBB (NG) and A3 (NG) respectively, revising the bank’s outlook to Rating Watch Negative. This move follows sustained pressure on the bank’s capital metrics, with a notable decline over the last three years due to accelerated growth in … Continue reading GCR Ratings Downgrades FBNQuest Merchant Bank’s Issuer Ratings Amid Capital Strain