Financial Institutions

GCR places Bank of Kigali Plc’s and BK Group Plc’s national scale issuer ratings of AA+_(RW) and AA_(RW), respectively, on ‘Review Extension’

Jul 26, 2022

Tagged in: Rwanda

Rating Action Johannesburg, 26 July 2022, GCR Ratings (‘GCR’) has placed the national scale long and short-term issuer ratings on Bank of Kigali Plc (‘Bank…

Announcements Financial Institutions Research

Operating Environment Overviews | Burundian, Ugandan, Rwandan, Kenyan, Tanzanian and Ethiopian Banking Institutions

Jul 18, 2022

Summary Johannesburg, 18 July 2022 – GCR Ratings (“GCR”) has published the Operating Environment Overviews for Burundi, Uganda, Rwanda, Kenya, Tanzania, and Ethiopia’s Banking Sectors.…

Announcements Financial Institutions Rating Alerts

GCR affirms East African Development Bank’s international scale issuer rating of BBB- on a strong financial profile that cushions downside risks.

May 30, 2022

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Rating Action Johannesburg, 30 May 2022 – GCR Ratings (“GCR”) has affirmed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…

Announcements Financial Institutions Rating Alerts

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…