Rwanda – GCR Ratings

GCR affirms East African Development Bank’s international scale ratings and national scale ratings with Stable Outlooks

June 30, 2026

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Johannesburg, 30 June 2026 – GCR Ratings (GCR) has affirmed East African Development Bank’s international scale long and short-term issuer ratings of BBB- and A3…

Announcements Insurance Rating Alerts

GCR assigns Uganda Reinsurance Company Limited an international scale financial strength rating of B- and affirms the national scale financial strength ratings of AA-_(UG), A-_(KE), A+_(TZ) and A+_(RW); Outlooks Stable.

June 22, 2026

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Nairobi, 22 June 2026 – GCR Ratings (GCR) has assigned Uganda Reinsurance Company Limited (Uganda Re or the reinsurer) an international scale financial strength rating…

Announcements Financial Institutions Rating Alerts

GCR affirms Dhamana Guarantee Company Limited’s Kenyan issuer rating of AA_(KE) and assigns Tanzanian, Ugandan and Rwandan issuer ratings of AA+_(TZ), AAA_(UG), and AAA_(RW) respectively. Outlooks Stable.

March 30, 2026

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Johannesburg, 30 March 2026 – GCR Ratings (GCR) has affirmed Dhamana Guarantee Company Limited’s (Dhamana, the company) long and short-term national scale issuer ratings of…

Announcements Corporate Rating Alerts

GCR downgrades Africa Medical Supplier (AMS) PLC’s issuer ratings to BB+_(RW) and B_(RW); Outlook revised to Stable

January 30, 2026

Tagged in: Rwanda

Rating action Nairobi, 30 January 2026 – GCR Ratings (GCR) downgrades Africa Medical Supplier (AMS) PLC’s (AMS or the company) national scale long-term and short-term…

Announcements Insurance Research

Rwanda Insurance Sector Review and Outlook

January 26, 2026

Tagged in: Rwanda

Summary 5 January 2026, Nairobi – GCR Ratings (“GCR”) has published a sector report on Rwanda Insurance Outlook The report is available for download at:…

Announcements Financial Institutions Market Notifications Rating Alerts Research

GCR publishes updated Financial Institutions Sector Risk Scores

December 3, 2025

Tagged in: Malawi | Mozambique | Rwanda

Summary 03 December 2025, Johannesburg – GCR Ratings (GCR) has published updates to the Financial Institutions Sector Risk Scores listed below. The Financial Institutions Sector…

Announcements Insurance Rating Alerts

GCR affirms Radiant Insurance Company Limited’s national scale financial strength rating of BB_(RW) with a Stable Outlook.

November 28, 2025

Tagged in: Rwanda

Rating action Ebene, 28 November 2025 – GCR Ratings (GCR) has affirmed Radiant Insurance Company Limited’s (Radiant Insurance or the insurer) national scale financial strength…

Announcements Insurance Rating Alerts

GCR upgrades MUA Insurance (Rwanda) Limited’s national scale financial strength rating to AA+_(RW) from AA_(RW); Outlook Stable.

November 28, 2025

Tagged in: Rwanda

Rating action Nairobi, 28 November 2025 – GCR Ratings (GCR) has upgraded MUA Insurance (Rwanda) Limited’s (MUA Rwanda or the insurer) national scale financial strength…

Announcements Financial Institutions Rating Alerts

GCR affirms I&M Bank (Rwanda) Plc’s unsolicited national scale long and short-term issuer ratings of A_(RW)/A1_(RW); Outlook revised to Stable.

November 28, 2025

Tagged in: Rwanda

Rating action Nairobi, 28 November 2025 – GCR Ratings (GCR) has affirmed I&M Bank (Rwanda) Plc’s (I&M Rwanda or the bank) unsolicited national scale long…

Announcements Financial Institutions Rating Alerts

GCR affirms Bank of Kigali Plc’s and BK Group PLC’s long and short-term issuer ratings; Outlooks Stable.

November 27, 2025

Tagged in: Rwanda

Rating action Nairobi, 27 November 2025 – GCR affirms Bank of Kigali Plc’s international scale long and short-term issuer ratings of B/B. At the same…