TAJBank upgraded to A1 credit rating

TAJBank Limited has been upgraded to an A1 credit rating by Agusto & Co and Datapro, rising from its previous Bbb+ rating. This reflects stronger financial performance, improved balance sheet quality, and robust earnings ratios for 2025 despite macroeconomic challenges. The upgrade validates the bank's strategic direction toward world-class operational standards and risk management, as stated by CEO Hamid Joda. It reassures customers and investors about investment safety and the bank's capacity to support business growth. TAJBank also met the CBN's revised minimum capital requirement of ₦20 billion for national non-interest banks, with plans to expand digital infrastructure and technology-driven services to consolidate its position in Nigeria's non-interest banking segment.

SOURCE: https://nairametrics.com/2026/02/23/tajbank-secures-a1-credit-ratings-from-agusto-co-datapro/