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Fitch Ratings

Fitch places Diamond, Access on rating watch

Fitch Ratings has downgraded Diamond Bank Plc’s (Diamond) Long-Term Issuer Default Rating (IDR) to ‘CC’ from ‘CCC’ and Viability Rating (VR) to ‘cc’ from ‘ccc’ and placed its IDRs and VR on Rating Watch Evolving (RWE). The agency has…