GCR places East African Development Bank’s issuer ratings on ratings review extension
Rating action Ebene, 28 May 2024 – GCR Ratings (GCR) has placed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…
GCR affirms FMRE Property & Casualty (Proprietary) Limited’s national and international scale financial strength ratings, Outlook revised from Evolving to Stable
Rating action Johannesburg, 19 December 2023 – GCR Ratings (GCR) has affirmed FMRE Property & Casualty (Proprietary) Limited’s (FMRe Botswana) national scale financial strength rating…
GCR upgrades MUA Rwanda’s national scale financial strength rating to AA(RW) from AA-(RW) following a restructuring of the group MUA Ltd; Outlook Stable.
Rating action Nairobi, 23rd November 2023 – GCR Ratings (GCR) has upgraded MUA Insurance Rwanda Limited’s (MUA Rwanda) national scale financial strength rating to AA(RW),…
GCR assigns an international scale long and short-term issuer credit ratings of B/B to Bank of Kigali PLC. The Outlook is Stable.
Rating Action Nairobi, 14 November 2023 – GCR Ratings (GCR) has long and short-term international scale issuer rating of B/B with a Stable Outlook, to…
GCR updates the Malawian, Mozambican, Rwandan and Ugandan Financial Institutions’ Sector Risk Scores
Summary 05 October 2023, Johannesburg – GCR Ratings (GCR) maintains the Malawian, Mozambican, Rwandan and Ugandan Financial Institutions’ Sector Risk Scores. The Financial Institutions Sector…
GCR affirms the ratings of I&M Bank (Rwanda) Plc at A(RW)/A1(RW) with a stable outlook assigned.
Rating action Nairobi, 29 September 2023 – GCR Ratings (GCR) has affirmed I&M Bank (Rwanda) Plc’s national scale long and short-term issuer ratings at A(RW)/A1(RW),…
GCR affirms Bank of Kigali PLC’s and BK Group Plc’s national scale issuer ratings of AA+(RW)/A1+(RW) and AA(RW)/A1+(RW) respectively, Outlooks stable.
Rating Action Nairobi, 31 August 2023 – GCR Ratings (“GCR”) has affirmed the long and short-term national scale issuer ratings on Bank of Kigali Plc…
GCR revises the Outlook on Radiant Insurance’s national scale financial strength rating of BB+(RW) to Evolving on balance sheet de-risking initiatives following property acquisition
Rating action Johannesburg, 30 August 2023 – GCR Ratings (GCR) has affirmed Radiant Insurance Company Limited’s (Radiant Insurance) national scale financial strength rating of BB+(RW),…
GCR affirms Old Mutual Short-Term Insurance (Botswana) Limited’s international and national scale financial strength ratings of BB and AA-(BW) respectively; Outlooks Stable
Rating action Johannesburg, 05 July 2023 – GCR Ratings (GCR) has affirmed Old Mutual Short-Term Insurance (Botswana) Limited’s (Old Mutual ST Botswana) international scale financial…
GCR assigns MUA Insurance Rwanda Limited an initial national scale financial strength rating of AA-(RW); Outlook Stable.
Rating action Nairobi, 1st June 2023 – GCR Ratings (“GCR”) has assigned MUA Insurance Rwanda Limited’s (“MUA Rwanda”) an initial national scale financial strength…