Rating Alerts – GCR Ratings

GCR affirms the ratings of the Class A and Class D Notes and upgrades the rating of the Class B Notes issued by Capital Harvest Finance (RF) Limited. Outlooks Stable.

January 15, 2026

RATING ANNOUNCEMENT GCR affirms the ratings of the Class A and Class D Notes and upgrades the rating of the Class B Notes issued by…

Announcements Financial Institutions Rating Alerts

GCR withdraws the ratings on CardinalStone Financing SPV Plc NGN5bn Series 1 Senior Unsecured Bonds on full redemption.

January 8, 2026

Tagged in: Nigeria

Rating action Lagos, 08 January 2026 – GCR Ratings (GCR) has withdrawn the rating on CardinalStone Financing SPV Plc NGN5bn Series 1 Senior Unsecured Bonds.…

Announcements Financial Institutions Rating Alerts

GCR affirms Union Bank of Nigeria Plc’s national scale issuer ratings of BBB-_(NG)/A3_(NG); Outlook Evolving

December 30, 2025

Tagged in: Nigeria

Lagos, 30 December 2025 – GCR Ratings (GCR) has affirmed Union Bank of Nigeria Plc’s (UBN or the bank) national scale long and short-term Issuer…

Announcements Financial Institutions Rating Alerts

GCR withdraws the ratings on Union Bank of Nigeria Plc NGN6.3bn Series 2 Senior Unsecured Bonds on full redemption.

December 30, 2025

Tagged in: Nigeria

Lagos, 30 December 2025 – GCR Ratings (GCR) has withdrawn the rating on Union Bank of Nigeria Plc NGN6.3bn Series 2 Senior Unsecured Bonds. The…

Announcements Rating Alerts Structured Finance & Securitisation

GCR assigns a Kenyan national scale long-term issue rating of AA_(KE) to Linzi FinCo 003 Trust’s KSh44.79Bn Infrastructure Asset Backed Security, Outlook Stable.

December 24, 2025

Tagged in: South Africa

Rating Action Johannesburg, 24 December 2025 – GCR Ratings (GCR) has assigned a national scale long-term issue rating of AA(KE) to Linzi FinCo 003 Trust’s…

Announcements Corporate Rating Alerts

GCR assigns a national scale long term issue rating of A_(NG)_(EL) to Veritasi Homes & Properties Plc’s NGN10Bn Series 1 Senior Medium-Term Bonds

December 24, 2025

Tagged in: Nigeria

Lagos, 24 December 2025 – GCR Ratings (GCR) has assigned a national scale long-term issue rating of A(NG)(EL)* to Veritasi Homes & Properties Plc’s NGN10Bn…

Announcements Financial Institutions Rating Alerts

GCR affirms DLM Capital Group Limited’s national scale issuer ratings of BBB-_(NG)/A3_(NG); Outlook Stable

December 23, 2025

Tagged in: Nigeria

Lagos, 23 December 2025 – GCR Ratings (GCR) has affirmed DLM Capital Group Limited’s national scale long-term and short-term issuer ratings of BBB-(NG) and A3(NG)…

Announcements Financial Institutions Rating Alerts

GCR assigns Zedcrest Capital Limited national scale issuer ratings of BBB-_(NG)/A3_(NG); Outlook Stable

December 23, 2025

Tagged in: Nigeria

Lagos, 23 December 2025 – GCR Ratings (GCR) assigns a national scale long and short-term issuer ratings of BBB-(NG) and A3(NG) respectively to Zedcrest Capital…

Announcements Financial Institutions Rating Alerts

GCR downgrades Global Accelerex Limited’s National Scale issuer ratings to BB-_(NG) /B_(NG) on weaker financial profile; Outlook Negative.

December 22, 2025

Tagged in: Nigeria

Lagos, 22 December 2025 – GCR Ratings (GCR) has downgraded Global Accelerex Limited’s national scale long and short-term issuer ratings to BB-(NG) and B(NG) from…

Announcements Insurance Rating Alerts

GCR affirms Cell Insurance Company Limited’s national scale financial strength rating of A-_(ZW): Outlook Stable

December 22, 2025

Tagged in: Zimbabwe

Rating action Johannesburg, 22 December 2025 – GCR Ratings (GCR) has affirmed Cell Insurance Company Limited’s national scale financial strength rating of A-(ZW), with the…