Agusto & Co. Affirms Baobab Nigeria’s “Bbb+” Score, Confirming their {Financial} Energy and Stability 

Baobab Nigeria has acquired an affirmed “Bbb+” score from Agusto & Co., a number one Pan-African credit standing company. This score showcases Baobab Nigeria’s sturdy {financial} standing and prudent administration practices in Nigeria’s aggressive microfinance business.

This score which was introduced on 3rd February 2025 highlights Baobab Nigeria’s key strengths, a strong liquidity profile, and an skilled administration group.

These components place Baobab Nigeria as a dependable {financial} establishment devoted to serving Nigeria’s rising microfinance sector.

Baobab Nigeria has demonstrated resilience and adaptableness regardless of the difficult macroeconomic atmosphere characterised by excessive inflation and intense business competitors. The {bank} is actively creating new merchandise tailor-made to the evolving wants of its prospects, guaranteeing that {financial} options are inclusive, versatile, and aligned with market calls for.

Commenting on the score, Eric Ntumba, AG CEO, Baobab Nigeria “We’re happy with Agusto & Co.’s affirmation of our ‘Bbb+’ score, which showcases our dedication to sustaining {financial} stability and operational excellence. Our strategic focus stays on strengthening our capital base, optimizing our funding construction, and enhancing effectivity to higher serve our prospects.” 

“This can be a step additional to the impression we need to make within the {financial} providers sector. Our providers and choices are strategically centered on enhancing lives and the financial system at massive and we’re excited to see our impression being acknowledged.” Eric added.

The {bank} continually implements measures to strengthen its {financial} place and leverages know-how and digital options to drive operational effectivity, guaranteeing seamless {financial} providers for its prospects.

Baobab Nigeria continues to play a pivotal position in Nigeria’s {financial} inclusion drive, offering accessible and sustainable {financial} options to people and small companies. This score additional reinforces the {bank}’s credibility and long-term development prospects.