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Fitch Reaffirms Stanbic IBTC at AAA Rating for Tenth Consecutive Year

Fitch Ratings has reaffirmed Stanbic IBTC Holdings’ AAA(nga) national long-term rating, marking over a decade that the lender has held the highest possible rating on the scale. The agency maintained a stable outlook, citing the bank’s strong liquidity coverage, improved capital position, and the strategic backing of its parent company, Standard Bank Group. Fitch specifically highlighted the bank’s resilience through volatile economic cycles, including periods of currency devaluation and interest rate fluctuations, noting that its Common Equity Tier 1 ratio reached 18.7 percent following a successful 2025 rights issue.

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