Kenya – Page 7 – GCR Ratings

Announcements Financial Institutions Rating Alerts

GCR affirms Shelter Afrique’s international scale ratings and upgrades the national scale ratings with Stable Outlooks

June 26, 2025

Rating action Ebene, 26 June 2025 – GCR Ratings (GCR) has affirmed Shelter Afrique Development Bank’s international scale long issuer rating of B and the…

Announcements Insurance Rating Alerts

GCR affirms CIC General Insurance Limited’s national scale financial strength rating of BBB_(KE); Outlook Stable.

June 23, 2025

Tagged in: Kenya

Rating action Nairobi, 23 June 2025 – GCR Ratings (GCR) has affirmed CIC General Insurance Limited’s (CIC General) national scale financial strength rating of…

Announcements Insurance Rating Alerts

GCR affirms Uganda Reinsurance Company Limited’s national scale financial strength ratings of AA-_(UG), A-_(KE), A+_(TZ) and A+_(RW); Outlook Stable.

June 19, 2025

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Rating action Nairobi, 19 June 2025 – GCR Ratings (GCR) has affirmed Uganda Reinsurance Company Limited’s (Uganda Re or the reinsurer) national scale financial strength…

Announcements Rating Alerts Structured Finance & Securitisation

GCR assigns a Kenyan national scale long-term indicative rating of AA_(KE)(IR) to Linzi FinCo 003 Trust’s proposed KSh44.79Bn Infrastructure Asset Backed Security, Outlook Stable.

June 11, 2025

Tagged in: Kenya

Rating Action Johannesburg, 11 June 2025 – GCR Ratings (GCR) has assigned a national scale long-term indicative rating of AA(KE)(IR) to Linzi FinCo 003 Trust’s…

Announcements Insurance Rating Alerts

GCR upgrades Mayfair Insurance Company Limited’s national scale financial strength rating to AA-_(KE) from A+_(KE) on sustained profitable growth; Outlook Stable

May 29, 2025

Tagged in: Kenya

GCR upgrades Mayfair Insurance Company Limited’s national scale financial strength rating to AA-(KE) from A+(KE) on sustained profitable growth; Outlook Stable Rating action Nairobi, 29…

Announcements Market Notifications Rating Alerts Research

Special Report: GCR Risk Score Snapshot Q1 2025

May 19, 2025

Tagged in: Kenya | Nigeria | South Africa | West Africa

Summary Johannesburg, 19 May 2025 – GCR Ratings (“GCR”) has published a Special Report which provides a snapshot of the GCR risk scores across GCR’s…

Announcements Financial Institutions Rating Alerts

GCR downgrades Equity Group Holdings Plc’s unsolicited national scale ratings to A_(KE)/A1_(KE) with a Stable outlook.

May 2, 2025

Tagged in: Kenya

Rating action Johannesburg 2 May 2025, GCR Ratings (GCR) downgrades Equity Group Holdings Plc’s unsolicited long and short-term national scale ratings to A(KE)/A1(KE) from AA-(KE)/A1+(KE)…

Announcements Financial Institutions Rating Alerts

GCR affirms Kenya National Police Deposit Taking SACCO Society Limited’s issuer ratings of A-_(KE); Outlook Stable.

April 23, 2025

Tagged in: Kenya

Rating action Johannesburg, 23 April 2025 – GCR Ratings (GCR) has affirmed Kenya National Police Deposit Taking SACCO Society Limited’s national scale long and short-term…

Announcements Corporate Financial Institutions Fund Rating Insurance Market Notifications Rating Alerts Research Structured Finance & Securitisation

GCR Ratings, Africa’s largest rating agency, announces appointment of Tanveer Nandhra as Managing Director: East Africa

April 3, 2025

Tagged in: Kenya

Johannesburg, 3 April 2025 – GCR Ratings (GCR), the leading provider of credit ratings in Africa, today announced the appointment of Mrs. Tanveer Nandhra as…

Announcements Financial Institutions Rating Alerts

GCR places Equity Group Holdings Plc issuer ratings on review extension

March 10, 2025

Tagged in: Kenya

Rating action Johannesburg, 10 March 2025 – GCR Ratings (GCR) has placed Equity Group Holdings Plc’s unsolicited national scale long and short-term issuer ratings of…