Financial Institutions

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…

Financial Institutions Rating Alerts

GCR affirms Ecobank Ghana Limited’s rating of AA-(GH); Rating Watch.

Jan 10, 2018

Tagged in: Ghana

Johannesburg, 21 December 2017 – Global Credit Ratings (“GCR”) has affirmed Ecobank Ghana Limited’s long-term and short-term national scale ratings of AA-(GH) and A1+(GH) respectively.…