Rating action Johannesburg, 30 July 2021 – GCR Ratings (“GCR”) has placed African Banking Corporation of Zimbabwe’s (‘BancABC Zimbabwe’) national scale long and short term issuer ratings of BB+(ZW)/B(ZW) respectively on ‘Review Extension’. The rating process is ongoing and GCR expects to publicly release the updated rating by 31 August 2021. The rating assigned in...
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