Rating Action Johannesburg, 5 August 2019– GCR Ratings (“GCR”) has placed African Banking Corporation Holdings’ (“ABCH” , ”the group”) long and short-term Botswanan national scale ratings of B(BW)/ B(BW and the African Banking Corporation of Botswana’s (“BancABC Botswana”, “the bank”) long and short-term national scale ratings of BBB-(BW)/ A3(BW) on Ratings Watch Evolving. Rating rationale...
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