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Maroc Maroc - NIGERIANFRANKNEWSNG.COM - A La Une - 07/Aug 20:44

Credit Direct announces outstanding H1 2024 financial performance, key achievement

Credit Direct Finance Company Limited (Credit Direct), the consumer finance arm of FCMB Group Plc and one of Nigeria’s leading digital-first non-bank financial services providers, has recently received an upgrade to its credit rating from Agusto & Co. to BBB+. According to Agusto & Co., “The upgrade reflects Credit Direct’s dominant position in the industry and its good and consistent profitability, which compares better than most peers in the consumer lending segment.” Chukwuma Nwanze, Managing Director/CEO of Credit Direct, commented on the upgrade of the Company’s credit rating by Agusto & Co, saying,” We are honored and proud to announce […]

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