| Rated Entity | Report Date | National | International | Outlook | |||
| Long term | Short term | Long term | Short term | ||||
| Standard & Poor’s | FBN Holdings | June 2018 | ngBB+ | ngB | B- | B | Stable |
| FirstBank | June 2018 | ngBB+ | ngB | B- | B | Stable | |
| Fitch | FBN Holdings | January 2018 | BB+(nga) | B(nga) | B- | B | Negative |
| FirstBank | January 2018 | BB+(nga) | B(nga) | B- | B | Negative | |
| Global Credit Rating | FirstBank | September 2017 | A-(NG) | A1-(NG) | – | – | Stable |
