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Category: Financial Institutions

Announcements Financial Institutions Rating Alerts

GCR assigns a national scale long-term issue rating of BBB-(NG) to LAPO MFB SPV Plc’s NGN4.46 billion Fixed Rate Series 1 Senior Unsecured Bonds; Outlook Stable.

July 31, 2026
Tagged in: Nigeria
Lagos, 31 July 2026 – GCR Ratings (GCR) has assigned a national scale long-term issue rating of BBB-(NG) to LAPO MFB SPV Plc’s NGN4.46 billion…
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Announcements Financial Institutions Rating Alerts

GCR affirms LAPO Microfinance Bank Limited’s national scale issuer ratings of BBB-(NG) /A3(NG); Outlook Stable

July 31, 2026
Tagged in: Nigeria
Lagos, 31 July 2026 – GCR Ratings (GCR) has affirmed LAPO Microfinance Bank Limited’s (LAPO MFB or the bank) national scale long and short-term issuer…
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Announcements Financial Institutions Rating Alerts

GCR affirms the Ministry of Finance Incorporated Real Estate Investment Fund’s NGN100 billion Series 2 Issuance national scale fund rating of AA(NG)(f); Outlook Stable.

July 31, 2026
Tagged in: Nigeria
Lagos, 31 July 2026 – GCR Ratings (GCR) has affirmed the Ministry of Finance Incorporated Real Estate Investment Fund’s NGN100 billion Series 2 Issuance national…
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Announcements Financial Institutions Rating Alerts

GCR affirms GTI Asset Management and Trust Limited’s Management Quality Rating of MQ3(NG) and a Nigerian Management Quality Rating of BBB(NG)(mq) 

July 31, 2026
Tagged in: Nigeria
Lagos, 31 July 2026 – GCR Ratings (GCR) has affirmed GTI Asset Management and Trust Limited’s (GTI AMTL or the asset manager) management quality rating…
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Announcements Financial Institutions Rating Alerts

GCR affirms Central Africa Building Society’s national scale issuer ratings of AA-(ZW)/ A1+(ZW); Outlook Positive

July 31, 2026
Tagged in: Zimbabwe
Johannesburg, 31 July 2026 – GCR Ratings (GCR) has affirmed Central Africa Building Society’s (CABS) national scale long and short-term issuer ratings of AA-(ZW) and…
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Announcements Financial Institutions Rating Alerts

GCR places Daraju Industries Limited’s national scale issuer ratings on Review Extension.

July 31, 2026
Tagged in: Nigeria
Lagos, 31 July 2026 – GCR Ratings (GCR) has placed Daraju Industries Limited’s national scale long-term and short-term issuer ratings of BBB-(NG) and A3(NG) respectively, on review…
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Announcements Financial Institutions Rating Alerts

GCR affirms FBC Crown Bank Limited’s issuer ratings of A-(ZW)/A2(ZW); Outlook revised to Stable from Evolving.

July 30, 2026
Tagged in: Zimbabwe
Johannesburg, 30 July 2026 – GCR Ratings (GCR) has affirmed the national scale long and short-term issuer ratings of A-(ZW) and A2(ZW) respectively accorded to…
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Announcements Financial Institutions Rating Alerts

GCR places Novare Fund Manager Nigeria Limited’s national scale long and short-term issuer ratings of BBB+(NG)/A2(NG) on Review Extension

July 30, 2026
Tagged in: Nigeria
Lagos, 30 July 2026 – GCR Ratings (GCR) has placed Novare Fund Manager Limited’s national scale long and short-term issuer ratings of BBB+(NG) and A2(NG)…
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Announcements Financial Institutions Rating Alerts

GCR withdraws the ratings on Sasfin Bank Limited

July 30, 2026
Tagged in: South Africa
Johannesburg, 30 July 2026 – GCR Ratings (GCR) has withdrawn Sasfin Bank Limited’s international scale long and short-term ratings of B and B respectively, without…
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Announcements Financial Institutions Rating Alerts

GCR affirms Ecobank Ghana Plc’s national scale issuer ratings of A-(GH)/A2(GH); Outlook revised to Stable from Negative.

July 29, 2026
Tagged in: Nigeria
Lagos, 29 July 2026 – GCR affirms Ecobank Ghana Plc’s (Ecobank Ghana or the bank) national scale long and short-term issuer ratings of A-(GH) and…
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