Uganda – GCR Ratings

GCR affirms Jubilee Allianz Uganda’s national scale financial strength rating of AAA_(UG); Outlook Stable

Feb 28, 2023

Tagged in: Uganda

Rating Action Nairobi, 28 February 2023 – GCR Ratings (“GCR”) has affirmed The Jubilee Allianz General Insurance Company Limited’s (“Jubilee Allianz Uganda”) national scale financial…

Announcements Insurance Rating Alerts

GCR places Jubilee Allianz General Insurance Company Limited’s (formerly The Jubilee Insurance Company of Uganda Limited) rating on ‘Review Extension’

Jan 24, 2023

Tagged in: Uganda

Rating action Nairobi, 24 January 2023 – GCR Ratings (“GCR”) has placed Jubilee Allianz General Insurance Company Limited’s financial strength rating of AAA(UG) on ‘Review…

Announcements Financial Institutions Rating Alerts

GCR assigns Uganda Development Bank national and international scale long and short-term issuer credit ratings of AA+_(UG)/ A1+_(UG) and B respectively. Outlook Stable.

Jan 23, 2023

Tagged in: Uganda

Rating Action Johannesburg, 23 January 2023 – GCR Ratings (‘GCR’) has assigned Uganda Development Bank Limited (‘UDB’) national scale issuer ratings of AA+(UG)/A1+(UG) in the…

Announcements Market Notifications Research

GCR publishes the updated Country Risk Scores

Aug 19, 2022

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Summary Johannesburg, 19 August 2022: GCR Ratings (“GCR”) has published the reviewed Country Risk Scores. The Country Risk Scores are available for download at https://gcrratings.com/risk-scores/.…

Announcements Insurance Rating Alerts

GCR revises MUA Insurance (Uganda) Limited’s national scale financial strength rating to A+_(UG) from A_(UG) following application of the new criteria, Outlook Stable

Jul 28, 2022

Tagged in: Uganda

Rating action Nairobi, 28th July 2022 – GCR Ratings (“GCR”) has revised MUA Insurance (Uganda) Limited’s (“MUA Uganda” or “the insurer”) national scale financial strength…

Announcements Financial Institutions Research

Operating Environment Overviews | Burundian, Ugandan, Rwandan, Kenyan, Tanzanian and Ethiopian Banking Institutions

Jul 18, 2022

Summary Johannesburg, 18 July 2022 – GCR Ratings (“GCR”) has published the Operating Environment Overviews for Burundi, Uganda, Rwanda, Kenya, Tanzania, and Ethiopia’s Banking Sectors.…

Announcements Financial Institutions Rating Alerts

GCR upgrades African Export-Import Bank’s international scale long term rating to A, as it continues to solidify status and successfully achieve against mandate. Outlook Stable.

Jul 15, 2022

Rating Action Johannesburg, 15 July 2022 – GCR Ratings (‘GCR’) has upgraded African Export-Import Bank’s international scale long term issuer rating from A- to A,…

Announcements Insurance Rating Alerts

GCR affirms Uganda Reinsurance Company Limited’s national scale financial strength rating of A+_(UG); Outlook Stable

Jun 27, 2022

Tagged in: Uganda

Rating action Johannesburg, 27 June 2022 – GCR Ratings (“GCR”) has affirmed Uganda Reinsurance Company Limited’s (“Uganda Re”) national scale financial strength rating of A+(UG),…

Announcements Insurance Rating Alerts

GCR affirms Goldstar Insurance Company Limited’s national scale financial strength rating of A+_(UG); Outlook revised to Positive on prospects of improved management and governance.

Jun 17, 2022

Tagged in: Uganda

Rating action Johannesburg, 17 June 2022 – GCR Ratings (“GCR”) has affirmed Goldstar Insurance Company Limited’s (“Goldstar”) national scale financial strength rating of A+(UG); Outlook…

Announcements Financial Institutions Rating Alerts

GCR affirms East African Development Bank’s international scale issuer rating of BBB- on a strong financial profile that cushions downside risks.

May 30, 2022

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Rating Action Johannesburg, 30 May 2022 – GCR Ratings (“GCR”) has affirmed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…