GCR maintains the Namibian Financial Institutions’ Sector Risk Score of ‘6.0’
GCR Ratings has maintained the Namibian Financial Institutions’ sector risk score of ‘6.0’
GCR places African Export-Import Bank’s international scale rating of A- on Positive Outlook
Rating Action Johannesburg, 7 July 2021 – GCR Ratings (‘GCR’) has affirmed African Export-Import Bank’s international scale long term and short term issuer ratings of…
GCR affirms Oryx Properties Limited’s Rating at BBB(NA). Outlook Stable
Rating Action Johannesburg, 23 April 2021 – GCR Ratings (“GCR”) has affirmed the national scale long-term and short-term Issuer ratings assigned to Oryx Properties Limited…
GCR assigns Letshego Micro Financial Services (Namibia) (Pty) Limited and Letshego Holdings (Namibia) Limited national scale issuer ratings; Outlook Stable
Rating Action Johannesburg, 01 April 2021 – GCR Ratings (“GCR”) has assigned Letshego Micro Financial Services (Namibia) (Pty) Limited national scale long-term and short-term issuer…
GCR affirms NamibRe’s international and national scale financial strength ratings of B+ and AA-(NA); Outlooks Stable
Rating action Johannesburg, 16 November 2020 – GCR Ratings (“GCR”) has affirmed Namibia National Reinsurance Corporation Limited’s (“NamibRe”) national scale financial strength rating of AA-(NA).…
GCR downgrades Trustco Group’s rating to SD(NA) on the back of interest and capital standstill. Subsequently, the rating was revised to CCC-(NA) following resolution of debt restructuring; Outlook Evolving
Rating Action Johannesburg, 30 October 2020 – GCR Ratings (“GCR”) has downgraded the Namibian long and short-term issuer ratings of Trustco Group Holdings Limited to…
GCR places Trustco Group Holdings Limited’s Issuer ratings on “Review Extension”
Rating action Johannesburg, 30 September 2020 – GCR Ratings (“GCR”) has placed Trustco Group Holdings Limited’s national scale long-term and short-term Issuer ratings of B+(NA) and…
GCR affirms FNB Namibia’s issuer national scale ratings on the back of good credit fundamentals; Outlook Stable
Rating Action Johannesburg, 30 September 2020 – GCR Ratings (“GCR”) has affirmed the unsolicited Namibian long and short-term national scale issuer ratings of First National…
GCR affirms Bank Windhoek’s and Capricorn’s Namibian scale issuer ratings; Outlooks Stable
Rating Action Johannesburg, 29 September 2020 – GCR Ratings (“GCR”) has affirmed the Namibian long and short-term issuer ratings of Bank Windhoek Limited at AA(NA)/A1+(NA).…
GCR assigns Letshego Bank Namibia Limited national scale issuer ratings of A(NA)/A1(NA); Outlook Stable
Rating Action Johannesburg, 16 September 2020 – GCR Ratings (“GCR”) has assigned Letshego Bank Namibia Limited national scale long term and short term issuer ratings…