Financial Institutions

GCR affirms Ecobank Ghana Limited’s A+_(GH) national scale issuer rating with a Positive outlook.

Jun 10, 2021

Tagged in: Ghana

Rating Action Johannesburg, 10 June 2021 – GCR Ratings (“GCR”) has affirmed Ecobank Ghana Limited’s national scale long and short-term issuer ratings of A+(GH) and…

Announcements Financial Institutions Rating Alerts

GCR affirms Letshego Ghana’s BB+_(GH) national scale issuer and issue ratings with a Positive outlook balancing an improving financial profile despite adverse operating conditions.

May 26, 2021

Tagged in: Ghana

Rating Action Johannesburg, 26 May 2021 – GCR Ratings (“GCR”) has affirmed Letshego Ghana Savings and Loans PLC’s national scale long and short-term issuer ratings…

Announcements Financial Institutions Rating Alerts

GCR affirms African Export-Import Bank’s international scale rating of A-, balancing operating environment stress with strong mandate and robust financial profile

Jul 31, 2020

Rating Action Johannesburg, 31 July 2020 – GCR Ratings (‘GCR’) has affirmed African Export-Import Bank’s international scale long term and short term issuer ratings of…

Announcements Financial Institutions Rating Alerts

GCR upgrades Fidelity Bank Ghana Limited’s national scale ratings reflecting good liquidity and resilient performance; Outlook Stable

Jul 23, 2020

Tagged in: Ghana

Rating action Johannesburg, 23 July 2020 – GCR Ratings (“GCR”) has upgraded Fidelity Bank Ghana Limited’s national scale long term and short term ratings to…

Announcements Financial Institutions Rating Alerts

GCR affirms Letshego Ghana’s issuer ratings with a Negative outlook, reflecting mounting asset quality and capitalisation pressure. Concurrently, the Unsecured Notes were downgraded to BB+_(GH).

Jul 9, 2020

Tagged in: Ghana

Rating Action Johannesburg, 09 July 2020 – GCR Ratings (“GCR”) has affirmed Letshego Ghana Savings and Loans PLC’s, (formerly known as AFB (Ghana) Plc) national…

Announcements Financial Institutions Rating Alerts

GCR downgrades Ecobank Ghana Limited’s national scale long term issuer rating to A+_(GH); Outlook Stable

Jun 11, 2020

Tagged in: Ghana

Rating Action Johannesburg, 11 June 2020 – GCR Ratings (“GCR”) has downgraded Ecobank Ghana Limited’s (“Ecobank Ghana”) national scale long term and short term issuer…

Announcements Financial Institutions Rating Alerts

GCR affirms the issuer rating on Ecobank Ghana Limited at AA-_(GH) under the new criteria.

Dec 11, 2019

Tagged in: Ghana

Rating Action Johannesburg, 11 December 2019 – GCR Ratings (“GCR”) has affirmed Ecobank Ghana Limited’s long and short-term Ghanaian national scale ratings at AA-(GH)/A1+(GH). The…

Announcements Financial Institutions Rating Alerts

GCR affirms the A-_(GH) long term national scale rating of Fidelity Bank Ghana Limited under the new criteria.

Dec 5, 2019

Tagged in: Ghana

Rating Action Johannesburg, 5 December 2019 – GCR Ratings (“GCR”) has affirmed Fidelity Bank Ghana Limited’s long-term Ghanaian national scale rating at A-(GH), while the…

Announcements Financial Institutions Rating Alerts

GCR affirms the BB+_(GH) Long-term Ghanaian rating of AFB (Ghana) Plc under the new criteria.

Dec 5, 2019

Tagged in: Ghana

Rating Action Johannesburg, 5 December 2019 – GCR Ratings (“GCR”) has reviewed the ratings of AFB (Ghana) Plc under the recently released Criteria for Rating…

Announcements Financial Institutions Rating Alerts

GCR releases the Issuer Ratings on three Multilateral Development Banks under its new criteria

Dec 5, 2019

Rating Action Johannesburg, 5 December 2019 – GCR Ratings (“GCR”) has reviewed the Issuer credit ratings on three Regional Multilateral Development Banks under the new…

GCR's RESPONSE TO COVID-19

GCR continues to monitor the ever-evolving situation surrounding the COVID-19 pandemic. The health and well-being of our staff members and all our stakeholders is of the utmost importance to us.

GCR has taken a number of precautionary measures to minimise the likelihood of transmission and impact, while our staff members have been strongly encouraged to work remotely from home.

GCR has in place secure technological platforms that will enable the best possible remote engagements with our rated issuers, the investor community and all other market participants.

GCR continues to actively monitor the countries, sectors and issue(r)s within its ratings universe, and will continue to provide timely and accurate credit ratings, alongside useful credit research regarding market developments.

GCR thanks you for your continued support and trust, particularly in these challenging times.