Post by Proshare (@Proshare)
Agusto & Co. has upgraded Wema Bank's ratings to "A" (long-term) and "A1" (short-term) with a stable outlook, anchored on improved profitability, a strong liquidity profile, and the successful N193.5bn capital raise that lifted shareholders' funds 141.9% to N620.5bn and CAR to 28.1%.
https://proshare.co/articles/agusto-co.-upgrades-wema-bank-plc-ratings-amid-improved-financial-performance?menu=Economy&classification=Read&category=Reviews
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