Rwanda – GCR

GCR affirms East African Development Bank’s international scale issuer rating of BBB-, balancing operating environment stress with a robust financial profile

Nov 20, 2020

Tagged in: Egypt | Kenya | Rwanda | Tanzania | Uganda

Rating Action Johannesburg, 20 November 2020 – GCR Ratings (“GCR”) has affirmed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…

Announcements Financial Institutions Rating Alerts

GCR affirms Bank of Kigali Plc’s and BK Group Plc’s national scale issuer ratings of AA+_(RW) and AA_(RW), respectively; Outlooks Stable

Sep 23, 2020

Tagged in: Rwanda

Rating Action Johannesburg, 23 September 2020, GCR Ratings (‘GCR’) has affirmed the Rwandan long and short-term issuer ratings on Bank of Kigali Plc (‘Bank of…

Announcements Financial Institutions Rating Alerts

GCR affirms the A-_(RW)/A2_(RW) ratings of I&M Bank (Rwanda) PLC, Outlook Evolving, as expected capital injection offsets operating environment pressure

Aug 7, 2020

Tagged in: Rwanda

Rating Action Johannesburg, 07 August 2020 – GCR Ratings (‘GCR’) has affirmed I&M Bank (Rwanda) PLC’s national scale long and short-term issuer ratings at A-(RW)/A2(RW).…

Announcements Insurance Rating Alerts

GCR downgrades Radiant’s rating to BBB_(RW), on elevated financial profile impact from higher accident claims benchmark; Outlook Negative

Aug 4, 2020

Tagged in: Rwanda

Rating action Johannesburg, 04 August 2020 – GCR Ratings (“GCR”) has downgraded Radiant Insurance Company Limited’s (“Radiant”) national scale financial strength rating to BBB(RW) from…

Announcements Criteria Research

GCR Lowers 16 Country Risk Scores as Global Challenges Mount

May 27, 2020

Country Risk Score Action GCR has lowered the public country risk scores on 16 countries to reflect the unprecedented ongoing direct and indirect impact of…

Announcements Financial Institutions Rating Alerts

GCR releases the Issuer Ratings on three Multilateral Development Banks under its new criteria

Dec 5, 2019

Rating Action Johannesburg, 5 December 2019 – GCR Ratings (“GCR”) has reviewed the Issuer credit ratings on three Regional Multilateral Development Banks under the new…

Announcements Financial Institutions Rating Alerts

GCR affirms the A-_(RW)/A2_(RW) ratings of I&M Bank (Rwanda) PLC under the new criteria.

Nov 15, 2019

Tagged in: Rwanda

Rating Action Johannesburg, 15th November 2019 – GCR Ratings (‘GCR’) has reviewed the ratings of I&M Bank (Rwanda) PLC under the recently released Criteria for…

Announcements Financial Institutions Rating Alerts

GCR upgrades Bank of Kigali Plc’s long term Rwandan national scale rating to AA+_(RW); Outlook Stable.

Nov 15, 2019

Tagged in: Rwanda

Rating Action Johannesburg, 15th November 2019 – GCR Ratings (‘GCR’) has reviewed the ratings of Bank of Kigali Plc (‘BK’, ‘the bank’) under the recently…

Announcements Insurance Rating Alerts

GCR affirms Radiant Insurance Company Limited’s national scale financial strength rating of A-_(RW); Outlook Stable

Nov 13, 2019

Tagged in: Rwanda

Rating Action Johannesburg, 13 November 2019 – GCR Ratings (“GCR”) has affirmed Radiant Insurance Company Limited’s (“Radiant”) national scale financial strength (formerly claims paying ability)…

Announcements Financial Institutions Rating Alerts

GCR assigns I&M Bank (Rwanda) PLC a National Scale Rating of A-(RW); Outlook Stable.

Jan 11, 2019

Tagged in: Rwanda

Johannesburg, 11 January, 2019 — Global Credit Ratings has assigned to I&M Bank (Rwanda) PLC long-term and short-term national scale ratings of A-(RW) and A2(RW) respectively; with the outlook accorded as Stable. The ratings are valid until November 2019. SUMMARY RATINGS RATIONALE Global Credit Ratings (“GCR”) has assigned the above credit ratings to I&M Bank […]

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