Financial condition is satisfactory and ability to meet obligations as and when they fall due exits. May have one or more major weaknesses. In our opinion, shareholder support is not assured, if required. Financial condition is weak but obligations are still being met as and when they fall due. Has more than one major weakness and may require external support which, in our opinion, is not assured.
Financial condition is very weak.
Net worth is likely to be negative and obligations may already be in default. A plus added to a rating indicates that the rating maybe be raised. A minus means that the rating may be lowered. A positive or negative added to a rating is therefore a reflection of the rating outlook. Zenith Bank Limited.