Announcements

GCR has affirmed the County Government of Kisumu’s national scale long-term issuer rating at BB_(KE); Outlook Stable.

Jul 28, 2021

Tagged in: Kenya

Rating action Nairobi, 28 July 2021 – GCR Ratings (“GCR”) has affirmed the County Government of Kisumu (“Kisumu County” “the County”) national scale long-term issuer…

Announcements Insurance Rating Alerts

GCR withdraws General Alliance Insurance Limited’s national scale financial strength rating without review

Jul 28, 2021

Tagged in: Malawi

Rating Action Johannesburg, 28 July 2021 – GCR Ratings (“GCR”) has withdrawn General Alliance Insurance Limited’s (“GA Malawi”) national scale financial strength rating of AA-(MW).…

Announcements Financial Institutions Rating Alerts

GCR extends “Review Extension” on CardinalStone Partners Limited’s issuer ratings

Jul 28, 2021

Tagged in: Nigeria

Lagos, 28 July 2021 – GCR Ratings (“GCR”) has extended the ‘Review Extension’ on CardinalStone Partners Limited’s national scale long and short-term issuer ratings of…

Announcements Insurance Rating Alerts

GCR withdraws Botswana Insurance Company Limited’s national and international scale financial strength ratings without review

Jul 28, 2021

Tagged in: Botswana

Rating Action Johannesburg, 28 July 2021 – GCR Ratings (“GCR”) has withdrawn Botswana Insurance Company Limited’s (“BIC”) national and international scale financial strength ratings of…

Announcements Financial Institutions Rating Alerts

GCR withdraws the national scale ratings of Quince Capital without review

Jul 28, 2021

Tagged in: South Africa

Rating Action Johannesburg, 28 July 2021 – GCR Ratings (“GCR”) has withdrawn the long and short term credit ratings assigned to Quince Capital (Proprietary) Limited.…

Announcements Rating Alerts Structured Finance

GCR revises rating outlooks on Urban Ubomi 1 (RF) Limited’s Notes to Stable from Rating Watch: Evolving

Jul 27, 2021

Tagged in: South Africa

Rating Action Johannesburg, 27 July 2021 – GCR Ratings (“GCR”) has revised the outlooks that relate to the following long-term issue credit ratings of the…

Announcements Financial Institutions Rating Alerts

GCR upgrades PSG Konsult Limited’s national scale long-term issuer credit rating to A+_(ZA), on sustained strength of credit fundamentals and improved view of competitiveness of the Wealth business; Outlook Stable

Jul 27, 2021

Tagged in: South Africa

Rating Action Johannesburg, 27 July 2021 – GCR Ratings (“GCR”) has upgraded PSG Konsult Limited’s national scale long-term issuer rating to A+(ZA) while the short-term…

Announcements Financial Institutions Rating Alerts

GCR assigns indicative rating to new notes issued under Forty Two Point Two’s MUR5bn Medium Term Secured and Unsecured Note Programme

Jul 26, 2021

Tagged in: Mauritius

Rating Action Ebene, 26 July 2021 – GCR Ratings (“GCR”) has assigned a national scale long-term indicative issue credit rating of AAA(MU)(IR) to the FTPT…

Announcements Insurance Rating Alerts

GCR affirms WAICA Re’s international scale financial strength rating of B+ and revises Nigerian national scale financial strength rating to AAA_(NG) on criteria change; Outlooks Stable.

Jul 23, 2021

Tagged in: Nigeria

Lagos, 23 July 2021 – GCR Ratings (“GCR”) has affirmed WAICA Reinsurance Corporation Plc’s (“WAICA Re”) international scale financial strength rating of ‘B+’, with a…