By Henry Obetta
PremiumTrust Bank has received dual credit rating upgrades from Agusto& Co. and DataPro Limited, underscoring its financial strength, sound risk management and growth trajectory.
Agusto upgraded the Bank’s long-term rating from BBB+ to A- and short-term rating from A2 to A1, while DataPro upgraded its long-term rating from A- to A and affirmed its short-term rating at A1. The upgrades followed the Bank’s strong performance, with a pre-tax profit of N177.1 billion and total assets of N1.7 trillion in 2025.
Commenting, Managing Director/Chief Executive Officer, Emmanuel Emefienim, said: “These upgrades are a strong validation of the fundamentals we have built at PremiumTrust Bank. From inception, we have been deliberate about establishing our presence and building an institution with the financial strength, resilience, and operating discipline to compete in the Nigerian banking industry.
“Our focus now is on converting this momentum into sustained growth. We are strengthening our balance sheet, expanding our physical and digital footprint, and investing in the capacity needed to serve our customers and support the businesses and communities across our markets.”
The agencies cited the Bank’s robust capitalisation, with its capital adequacy ratio rising from 20.8% to 40.8%, liquidity ratio of 71.1%, and net interest margin of 83.3%.
Asset quality remained sound, with an NPL ratio of 0.2%, while cost-to-income ratio stood at 23.2%.
Four years into operation, the Bank has grown to 33 branches nationwide, alongside continued investment in digital banking.
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