Financial Institutions

GCR upgrades the ratings of I&M Bank (Rwanda) Plc to A_(RW)/A1_(RW) as capital position improves and operating environment pressure eases, Stable Outlook

Aug 23, 2021

Tagged in: Rwanda

Rating Action Johannesburg, 23 August 2021 – GCR Ratings (‘GCR’) has upgraded I&M Bank (Rwanda) Plc’s national scale long and short-term issuer ratings to A(RW)/A1(RW),…

Announcements Financial Institutions Rating Alerts

GCR affirms Bank of Kigali Plc’s and BK Group Plc’s national scale issuer ratings of AA+_(RW) and AA_(RW), respectively; Outlooks Stable

Jul 14, 2021

Tagged in: Rwanda

Rating Action Johannesburg, 14 July 2021, GCR Ratings (‘GCR’) has affirmed the national scale long and short-term issuer ratings on Bank of Kigali Plc (‘Bank…

Announcements Financial Institutions Rating Alerts

GCR affirms Bank of Kigali Plc’s and BK Group Plc’s national scale issuer ratings of AA+_(RW) and AA_(RW), respectively; Outlooks Stable

Sep 23, 2020

Tagged in: Rwanda

Rating Action Johannesburg, 23 September 2020, GCR Ratings (‘GCR’) has affirmed the Rwandan long and short-term issuer ratings on Bank of Kigali Plc (‘Bank of…

Announcements Financial Institutions Rating Alerts

GCR affirms the A-_(RW)/A2_(RW) ratings of I&M Bank (Rwanda) PLC, Outlook Evolving, as expected capital injection offsets operating environment pressure

Aug 7, 2020

Tagged in: Rwanda

Rating Action Johannesburg, 07 August 2020 – GCR Ratings (‘GCR’) has affirmed I&M Bank (Rwanda) PLC’s national scale long and short-term issuer ratings at A-(RW)/A2(RW).…

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…

Announcements Financial Institutions Rating Alerts

GCR affirms the A-_(RW)/A2_(RW) ratings of I&M Bank (Rwanda) PLC under the new criteria.

Nov 15, 2019

Tagged in: Rwanda

Rating Action Johannesburg, 15th November 2019 – GCR Ratings (‘GCR’) has reviewed the ratings of I&M Bank (Rwanda) PLC under the recently released Criteria for…

Announcements Financial Institutions Rating Alerts

GCR upgrades Bank of Kigali Plc’s long term Rwandan national scale rating to AA+_(RW); Outlook Stable.

Nov 15, 2019

Tagged in: Rwanda

Rating Action Johannesburg, 15th November 2019 – GCR Ratings (‘GCR’) has reviewed the ratings of Bank of Kigali Plc (‘BK’, ‘the bank’) under the recently…

Announcements Financial Institutions Rating Alerts

GCR assigns I&M Bank (Rwanda) PLC a National Scale Rating of A-(RW); Outlook Stable.

Jan 11, 2019

Tagged in: Rwanda

Johannesburg, 11 January, 2019 — Global Credit Ratings has assigned to I&M Bank (Rwanda) PLC long-term and short-term national scale ratings of A-(RW) and A2(RW) respectively; with the outlook accorded as Stable. The ratings are valid until November 2019. SUMMARY RATINGS RATIONALE Global Credit Ratings (“GCR”) has assigned the above credit ratings to I&M Bank […]