Rwanda – Page 3 – GCR Ratings

GCR affirms MUA Insurance (Rwanda) Limited’s national scale financial strength rating of AA_(RW); Outlook Stable.

November 26, 2024

Tagged in: Rwanda

Rating action Nairobi, 26 November 2024 – GCR Ratings (GCR) has affirmed MUA Insurance (Rwanda) Limited’s (MUA Rwanda or the insurer) national scale financial strength…

Announcements Insurance Rating Alerts

GCR downgrades Radiant Insurance Company Limited’s national scale financial strength rating to BB_(RW) from BB+_(RW) previously, Outlook Stable.

November 21, 2024

Tagged in: Rwanda

Rating action Johannesburg, 21 November 2024 – GCR Ratings (GCR) has downgraded Radiant Insurance Company Limited’s (Radiant Insurance or the insurer) national scale financial strength…

Announcements Financial Institutions Rating Alerts

GCR affirms the ratings of I&M Bank (Rwanda) Plc at A_(RW)/A1_(RW) and revises the Outlook to Negative, from Stable.

October 31, 2024

Tagged in: Rwanda

Rating action Johannesburg, 31 October 2024 – GCR Ratings (GCR) has affirmed I&M Bank (Rwanda) Plc’s (I&M Bank, the bank) national scale long and short-term…

Announcements Corporate Rating Alerts

GCR assigns national scale long and short-term Issuer Ratings of BBB-_(RW) and A3_(RW) to Africa Medical Supplier Limited, Outlook Stable.

October 15, 2024

Tagged in: Rwanda

Rating action Nairobi, 15 October 2024 – GCR Ratings (GCR) has assigned Africa Medical Supplier Limited national scale long-term and short-term Issuer ratings of BBB-(RW)…

Announcements Financial Institutions Rating Alerts

GCR places I&M Bank (Rwanda) Plc on ratings review extension

September 26, 2024

Tagged in: Rwanda

Rating action Johannesburg, 26 September 2024 – GCR Ratings (GCR) has placed I&M Bank (Rwanda) Plc’s national scale long and short-term issuer ratings of A(RW)…

Announcements Financial Institutions Rating Alerts

GCR places Bank of Kigali PLC’s and BK Group Plc’s long and short-term issuer ratings on Review Extension

August 21, 2024

Tagged in: Rwanda

Rating action Nairobi, 21 August 2024 – GCR places Bank of Kigali PLC’s, national scale long and short-term issuer ratings of AA+(RW) and A1+(RW) respectively…

Announcements Insurance Rating Alerts

GCR suspends the rating on Radiant Insurance Company Limited

August 21, 2024

Tagged in: Rwanda

Rating action Johannesburg, 21 August 2024 – GCR Ratings (GCR) has suspended the national scale financial strength rating of Radiant Insurance Company Limited of BB+(RW),…

Announcements Financial Institutions Rating Alerts

GCR has assigned Development Bank of Rwanda Plc an initial rating of AAA_(RW) given its strong financial position.

August 13, 2024

Tagged in: Rwanda

Rating action Johannesburg, 13 August 2024 – GCR Ratings (GCR) has assigned Development Bank of Rwanda Plc (BRD, the Bank) initial national scale long and…

Announcements Financial Institutions Rating Alerts

GCR affirms East African Development Bank’s international scale issuer rating of BBB- with a Stable Outlook due to a strong financial profile despite deteriorating operating conditions.

July 31, 2024

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Rating action Ebene, 31 July 2024 – GCR Ratings (GCR) has affirmed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…

Announcements Insurance Rating Alerts

GCR assigns initial national scale financial strength ratings of A-_(KE), A+_(TZ) and A+_(RW) to Uganda Reinsurance Company Limited; Outlook Stable

July 23, 2024

Tagged in: Kenya | Rwanda | Tanzania

Rating action Nairobi, 23 July 2024 – GCR Ratings (GCR) has assigned Uganda Reinsurance Company Limited (Uganda Re or the reinsurer) first time national scale…