Announcements – GCR Ratings

GCR assigns indicative ratings to Forty Two Point Two’s new issuance under the MUR8bn Medium Term Secured and Unsecured Note Programme

Mar 27, 2023

Rating Action Ebene, 27 March 2023 – GCR Ratings (“GCR”) has assigned national scale long-term indicative issue ratings of AAA(MU)(IR) to the following secured Notes…

Announcements Financial Institutions Rating Alerts

GCR affirms Stanbic IBTC Asset Management Limited’s national scale long and short-term issuer ratings of AA+_(NG)/A1+_(NG); Outlook Stable.

Mar 27, 2023

Tagged in: Nigeria

Lagos, 27 March 2023 – GCR Ratings (GCR) affirms Stanbic IBTC Asset Management Limited’s national scale long and short-term issuer ratings of AA+(NG)/A1+(NG), with a…

Announcements Financial Institutions Rating Alerts

GCR affirms the unsolicited long and short-term national AA+_(ZA)/A1+_(ZA) and international scale ratings BB/B FirstRand Bank Ltd. The outlook is stable.

Mar 27, 2023

Tagged in: South Africa

Rating Action Johannesburg, 27th March 2023 –GCR Ratings (“GCR”) has affirmed the unsolicited national scale long and short-term issuer credit ratings of FirstRand Bank Limited…

Announcements Insurance Rating Alerts

GCR affirms Genric’s national scale financial strength rating of A-_(ZA); Outlook revised to Positive from Evolving Watch

Mar 22, 2023

Tagged in: South Africa

Rating action Johannesburg, 22 March 2023 – GCR Ratings (“GCR”) has affirmed Genric Insurance Company Limited’s (“Genric”) national scale financial strength rating of A-(ZA), with…

Announcements Insurance Rating Alerts

GCR maintains Jubilee Life Insurance Limited’s national scale financial strength rating on ‘Review Extension’

Mar 22, 2023

Tagged in: Kenya

Rating Action Johannesburg, 22 March 2023 – GCR Ratings (“GCR”) has maintained Jubilee Life Insurance Limited’s (“Jubilee Life Kenya”) national scale financial strength rating of…

Announcements Insurance Rating Alerts

GCR affirms The Hollard Insurance Company Limited’s national scale financial strength rating of AA_(ZA); Outlook Stable

Mar 17, 2023

Tagged in: South Africa

Rating Action Johannesburg, 17 March 2023 – GCR Ratings (“GCR”) has affirmed The Hollard Insurance Company Limited’s (“THIC”) national scale financial strength rating of AA(ZA),…

Announcements Insurance Rating Alerts

GCR affirms Assurances Réassurances Omnibranches’ national scale financial strength rating of AA_(MG); Outlook Stable

Mar 15, 2023

Tagged in: Madagascar

Rating action Johannesburg, 15th March 2023 – GCR Ratings (“GCR”) has affirmed Assurances Réassurances Omnibranches’ (“ARO”) national scale financial strength rating of AA(MG), with a…

Announcements Insurance Rating Alerts

GCR affirms Compass Insure’s national scale financial strength rating of AA_(ZA); Outlook Stable

Mar 14, 2023

Tagged in: South Africa

Rating action Johannesburg, 14 March 2023 – GCR Ratings (“GCR”) has affirmed Compass Insurance Company Limited’s (“Compass Insure”) national scale financial strength rating of AA(ZA),…

Announcements Research Structured Finance & Securitisation

Securitisation as a Funding Tool for South African Agriculture

Mar 14, 2023

Tagged in: South Africa

Summary Johannesburg, 14 March 2023 – GCR Ratings (“GCR”) has published a research report on securitisation as a funding tool for South African agricultural lending.…

Announcements Financial Institutions Rating Alerts

GCR assigns a final rating of AAA_(NG) to InfraFunding SPV Limited’s N1.5bn Series 1 Guaranteed Fixed Rate Senior Infrastructure Bonds, Outlook Stable.

Mar 13, 2023

Tagged in: Nigeria

Lagos, 13 March 2023 – GCR Ratings (GCR) has assigned a final public national scale long-term Issue rating of AAA(NG) to InfraFunding SPV Limited’s N1.5bn…