| Rated Entity | Report Date | National | International | Outlook | |||
| Long term | Short term | Long term | Short term | ||||
| Standard & Poor’s | FBN Holdings | Mar 2020 | ngBBB- | NgA-3 | B- | B | Stable |
| FirstBank | Mar 2020 | ngBBB- | NgA-3 | B- | B | Stable | |
| Fitch | FBN Holdings | April 2020 | BBB(nga) | F2(nga) | B- | B | RWN |
| FirstBank | April 2020 | BBB(nga) | F2(nga) | B- | B | RWN | |
| Global Credit Rating | FirstBank | December 2019 | A1-(NG) | A-(NG) | – | – | Stable |
