Rating Action Johannesburg, 15th November 2019 – GCR Ratings (‘GCR’) has reviewed the ratings of Bank of Kigali Plc (‘BK’, ‘the bank’) under the recently released Criteria for Rating Financial Institutions, May 2019. BK’s long term Rwanda national scale rating has been upgraded to AA+(RW) from AA-(RW) while the short term Rwandan national scale issuer...
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