Research
Credit Reports
Over 1500 reports, spanning 22 countries, detailing GCR’s opinion regarding the creditworthiness of an entity, a security or financial instrument, or an issuer of securities or financial instruments.
Industry Reports
A collection of publications, providing you with key industry analysis and insights across various geographical regions.
Monitoring Updates
Dashboards exhibit key performance metrics related to Structured Finance transactions publicly rated by GCR, which include credit enhancement levels, excess spread, defaults, recoveries and covenants.
| Filename | Diamond-Trust-Bank-Public-Credit-Report-Feb-2024.pdf |
| Filesize | 213.25 KB |
| Version | paid report |
| Date added | February 2, 2024 |
| Downloaded | 2 times |
| Category | Credit Rating Reports, Financial Institution |
| Tags | Kenya |
The ratings on Diamond Trust Bank Kenya Limited (the bank) reflect the credit strengths and weaknesses of the Diamond Trust Bank Group. The bank contributes approximately 66.9% of total group assets, 64.7% of total group deposits and 63.7% of total group revenues. The rating balances a relatively solid market position as a tier 1 bank in 3 of its 4 markets. The group encompasses four banking franchises and two insurance subsidiaries. Notably, the banking franchises operating in Kenya contributes (66.9% of group total assets), Tanzania (16.9%), Uganda (15.3%) and Burundi (0.9%). The smaller franchise contributions continue to increase on a Y-O-Y basis further supporting the group’s diversity.