Kenya – GCR

GCR places H. Young and Company’s BBB-_(KE)/A3_(KE) ratings on Positive Outlook due to improvement in gearing metrics

Oct 23, 2020

Tagged in: Kenya

Rating Action Johannesburg, 23 October 2020 – GCR Ratings (“GCR”) has affirmed H. Young and Company (East Africa) Limited’s national scale long and short term…

Announcements Financial Institutions Rating Alerts

GCR affirms Diamond Trust Bank Limited’s national scale issuer rating of A+_(KE); Outlook Negative

Oct 22, 2020

Tagged in: Kenya

Rating Action Johannesburg, 22 October 2020 – GCR Ratings (“GCR”) has affirmed the Kenyan long and short-term issuer ratings on Diamond Trust Bank Limited of…

Announcements Insurance Rating Alerts

GCR affirms Reliance Insurance Company (Tanzania) Limited’s national scale financial strength rating of A_(TZ), Outlook Stable

Oct 9, 2020

Tagged in: Kenya

Rating action Nairobi, 9 October 2020 – GCR Ratings (“GCR”) has affirmed Reliance Insurance Company (Tanzania) Limited’s (“Reliance”) national scale financial strength rating of A(TZ),…

Announcements Corporate Rating Alerts

GCR assigns Centum Real Estate Limited national scale issuer ratings of BBB+_(KE) / A2_(KE); balancing weak real estate fundamentals with a solid market position

Oct 9, 2020

Tagged in: Kenya

Rating Action Johannesburg, 09 October 2020 – GCR Ratings (“GCR”) has assigned Centum Real Estate Limited national scale long and short-term issuer ratings of BBB+(KE)…

Announcements Corporate Rating Alerts

GCR affirms Centum Investment Company Plc’s issuer ratings of A+_(KE) /A1_(KE) due to its strong financial profile

Oct 6, 2020

Tagged in: Kenya

Rating Action Johannesburg, 06 October 2020 – GCR Ratings (“GCR”) has affirmed Centum Investment Company Plc’s national scale long and short term issuer ratings at…

Announcements Financial Institutions Rating Alerts

GCR affirms Eastern and Southern African Trade and Development Bank’s international scale issuer rating of BBB, balancing operating environment stress with a stable credit profile

Oct 6, 2020

Tagged in: Kenya

Rating Action Johannesburg, 6 October 2020 – GCR Ratings (“GCR”) has affirmed Eastern and Southern African Trade and Development Bank’s international scale long and short-term…

Announcements Financial Institutions Rating Alerts

GCR affirms Kenya Police Sacco Society Limited’s issuer national scale rating of BBB_(KE); Outlook Positive

Sep 30, 2020

Tagged in: Kenya

Rating Action Johannesburg, 30 September 2020 – GCR Ratings (“GCR”) has affirmed the Kenyan long and short-term issuer ratings of Kenya Police Sacco Society Limited…

Announcements Insurance Rating Alerts

GCR places UAP Insurance Company Limited’s national scale financial strength rating of A+_(KE) on “Review Extension”

Sep 30, 2020

Tagged in: Kenya

Rating action Nairobi, 30 September 2020 – GCR Ratings (“GCR”) has placed UAP Insurance Company Limited’s (“UAP Kenya”) national scale financial strength rating of A+(KE)…

Announcements Financial Institutions Rating Alerts

GCR places Stima DT Sacco Society Limited’s issuer ratings on “Review Extension”

Sep 30, 2020

Tagged in: Kenya

Rating Action Johannesburg, 30 September 2020 – GCR Ratings (“GCR”) has placed Stima DT Sacco Society Limited’s national scale long term and short term issuer…

Announcements Insurance Rating Alerts

GCR places Jubilee Insurance Company of Kenya Limited’s national financial strength rating of AA_(KE) on “Review Extension”

Sep 30, 2020

Tagged in: Kenya

Rating action Nairobi, 30 September 2020 – GCR Ratings (“GCR”) has placed Jubilee Insurance Company Kenya Limited’s (“Jubilee Kenya”) national scale financial strength rating of…