| Rated Entity | Report Date | National | International | Outlook | |||
| Long term | Short term | Long term | Short term | ||||
| Standard & Poor’s | FBN Holdings | August 2019 | ngBBB | NgA-2 | B- | B | Stable |
| FirstBank | August 2019 | ngBBB | NgA-2 | B- | B | Stable | |
| Fitch | FBN Holdings | November 2019 | BBB(nga) | F2(nga) | B- | B | Stable |
| FirstBank | November 2019 | BBB(nga) | F2(nga) | B- | B | Stable | |
| Global Credit Rating | FirstBank | December 2019 | A1-(NG) | A-(NG) | – | – | Stable |
