Financial Institutions – Page 2

GCR affirms PSG Financial Services Limited’s long and short term national scale issuer ratings of AA-_(ZA)/A1+_(ZA) respectively; Outlook Stable.

July 28, 2026

Rating action Johannesburg, 28 July 2026 – GCR Ratings (GCR) has affirmed the long and short term national scale issuer ratings of PSG Financial Services…

Announcements Financial Institutions Rating Alerts

GCR upgrades Fidelity Bank Ghana LTD’s national scale long-term issuer rating to A-_(GH), from BBB+_(GH) previously; Outlook Stable

July 27, 2026

Tagged in: Nigeria

Rating action Lagos, 27 July 2026 – GCR Ratings (GCR) has upgraded Fidelity Bank Ghana LTD’s (FBL Ghana, or the bank) national scale long-term issuer…

Announcements Financial Institutions Rating Alerts

GCR affirms Nova Commercial Bank Limited’s national scale issuer ratings of BBB_(NG)/A3_(NG); Outlook revised to Stable from Evolving

July 24, 2026

Tagged in: Nigeria

Lagos, 24 July 2026 – GCR Ratings (GCR) has affirmed Nova Commercial Bank Limited’s (Nova Bank or the bank) national scale long and short-term issuer…

Announcements Financial Institutions Rating Alerts

GCR affirms CardinalStone Asset Management Limited’s Nigerian Management Quality Rating of MQ2_(NG) and upgrades the Nigerian Management Quality Rating to AA_(NG)(mq)

July 24, 2026

Tagged in: Nigeria

Lagos, 24 July 2026 – GCR Ratings (GCR) has affirmed CardinalStone Asset Management Limited’s (CardinalStone AM or the asset manager) Management Quality Rating of MQ2(NG)…

Announcements Financial Institutions Rating Alerts

GCR Ratings assigne la note d’émetteur de long terme de A-_(WU) à Baobab Côte d’Ivoire sur son échelle régionale de notation. La perspective est en Evolution.

July 22, 2026

Tagged in: West Africa

Dakar, le 22 juillet 2026 – GCR ratings (GCR) assigne la note d’émetteur de long terme de A-(WU) de Baobab Côte d’Ivoire sur son échelle…

Announcements Financial Institutions Rating Alerts

GCR affirms Greenwich Merchant Bank Limited’s national scale issuer ratings of BBB+_(NG)/ A2_(NG); Outlook revised to Positive, from Stable previously

July 20, 2026

Tagged in: Nigeria

Lagos, 20 July 2026 – GCR Ratings (GCR) has affirmed Greenwich Merchant Bank Limited’s (Greenwich MB or the bank) national scale long and short-term issuer…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR assigns an Indicative Rating of AAA_(NG)_(IR) to Transgrid Enerco Funding SPV Plc’s up to NGN100 billion Series 1 Senior Guaranteed Fixed Rate Bonds; Outlook Stable

July 17, 2026

Tagged in: Nigeria

Lagos, 17 July 2026 – GCR Ratings (GCR) has assigned a national scale long-term indicative Issue rating of AAA(NG)(IR) to Transgrid Enerco Funding SPV Plc’s…

Announcements Financial Institutions Rating Alerts

GCR affirms FundCo Capital Managers Limited’s Management Quality Rating of MQ3_(NG) and Nigerian Management Quality Rating of BBB_(NG)(mq).

July 14, 2026

Tagged in: Nigeria

Lagos, 14 July 2026 – GCR Ratings (GCR) has affirmed FundCo Capital Managers Limited’s (FundCo or the fund manager) Management Quality Rating of MQ3(NG), and…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR assigns an indicative rating of A+_(NG)(IR) to Food Concepts Plc’s Senior Unsecured (up to NGN8 billion) Bond; Outlook Stable

July 10, 2026

Tagged in: Nigeria

Lagos, 10 July 2026 – GCR Ratings (GCR) has assigned an indicative long-term issue rating of A+(NG)(IR) to Food Concepts Plc’s Senior Unsecured (up to…

Announcements Financial Institutions Rating Alerts

GCR assigns Stanbic IBTC Capital Limited national scale long and short-term issuer ratings of AA+_(NG)/A1+_(NG); Outlook Stable.

July 10, 2026

Tagged in: Nigeria

Lagos, 10 July 2026 – GCR Ratings (GCR) has assigned Stanbic IBTC Capital Limited (Stanbic IBTC Capital, the company) national scale long and short-term issuer…