Tag: #LECONFinance
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S&P ASSIGNS ‘B’ CREDIT RATING TO BOI SUBSIDIARY LECON FINANCE
S&P Global Ratings has assigned ‘B’ long-term and ‘B’ short-term issuer credit ratings to LECON Finance Company Ltd., a subsidiary of the Bank of Industry (BOI), with a Stable Outlook. S&P said the ratings reflect LECON Finance’s strategic importance within the BOI Group and expectations of continued support from its parent. BOI deposited ₦20 billion…
