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EMEA ratings roundup, Jan. 9

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EMEA ratings roundup, Jan. 9

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions. This feature excludes previously reported stories.

EUROPE

* S&P Global Ratings placed the B- long-term issuer credit rating of Travelex Holdings Ltd. on CreditWatch with negative implications following an ongoing cyberattack on the British foreign exchange company's computer system. The agency said it will resolve the placement once it gets enough information on the incident.

AFRICA

* Fitch Ratings affirmed the B/B long- and short-term issuer default ratings of three United Bank for Africa PLC units — United Bank for Africa Senegal SA, United Bank for Africa Cameroon SA and United Bank for Africa (Ghana) Ltd. — and changed the outlook on the long-term ratings to negative from stable following a similar action on the group. Fitch also affirmed the banks' support ratings at 4.

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This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.