Withdraw Rating – GCR Ratings

GCR withdraws Tausi Assurance Company Limited’s national scale financial strength rating without review.

February 5, 2021

Nairobi, 5 February 2021 – GCR Ratings (“GCR”) has withdrawn Tausi Assurance Company Limited (“Tausi”) national scale financial strength rating of A(KE). The rating has…

Announcements Financial Institutions Rating Alerts

GCR withdraws Agricultural Bank of Zimbabwe Limited’s issuer ratings without review

July 17, 2020

Tagged in: Withdraw Rating | Zimbabwe

Rating Action Johannesburg, 17 July 2020 – GCR Ratings (“GCR”) has withdrawn the national scale long term and short-term issuer ratings assigned to Agricultural Bank…

Announcements Corporate Rating Alerts

GCR Withdraws Educor Holdings Proprietary Limited’s Issuer Ratings

March 5, 2020

Tagged in: South Africa | Withdraw Rating

Rating Action Johannesburg, 05 March 2020- GCR Ratings (“GCR”) has withdrawn the long term and short term issuer ratings assigned to Educor Holdings Proprietary Limited…

Announcements Medical Scheme Rating Alerts

GCR withdraws Transmed Medical Fund’s national scale financial strength rating

February 28, 2020

Tagged in: South Africa | Withdraw Rating

Rating Action Johannesburg, 28 February 2020 – GCR Ratings (“GCR”) has withdrawn Transmed Medical Fund’s (“Transmed”) national scale financial strength rating of BB(ZA), Negative Outlook.…

Announcements Insurance Rating Alerts

GCR withdraws Bidvest Insurance Limited’s rating

December 23, 2019

Tagged in: South Africa | Withdraw Rating

Rating Action Johannesburg, 23 December 2019 – GCR Ratings (“GCR”) has withdrawn Bidvest Insurance Limited’s (“Bidvest Insurance”) national scale claims paying ability rating for business…

Announcements Financial Institutions Rating Alerts

GCR withdraws First Capital Bank Plc ratings

October 23, 2019

Tagged in: Malawi | Withdraw Rating

Rating Action Johannesburg, 23rd October 2019 – GCR Ratings (‘GCR’) has withdrawn the long term and short-term Malawian National scale ratings of A+(MW) and A1(MW)…

Announcements Rating Alerts Structured Finance & Securitisation

The Thekwini Fund 12 (RF) Ltd: Ratings Withdrawn following Full Capital Redemption

August 27, 2019

Tagged in: South Africa | Withdraw Rating

Rating Action Johannesburg, 27 August 2019 – GCR Ratings (“GCR”) has withdrawn the long-term national scale credit ratings accorded to all outstanding Notes issued by…

Announcements Financial Institutions Rating Alerts

GCR withdraws Untu Capital Limited’s national scale rating

July 23, 2019

Tagged in: Withdraw Rating | Zimbabwe

July 23, 2019 Johannesburg, 23 July 2019– GCR Ratings (“GCR”) has withdrawn Untu Capital Limited’s (“Untu Capital”) national scale rating of BB(ZW), Negative Rating Watch.…

Announcements Rating Alerts Structured Finance & Securitisation

Commissioner Street No. 4 (RF) Ltd: Ratings Withdrawn of the Class A5 Notes and Class A6 Notes following Full Capital Redemption.

July 12, 2019

Tagged in: South Africa | Withdraw Rating

Rating Action Johannesburg, 12 July 2019 – GCR Ratings (“GCR”) has withdrawn the long-term national scale credit ratings accorded to the following Notes issued by…

Announcements Insurance Rating Alerts

GCR withdraws Seguradora Internacional de Mocambique, S.A’ s national scale rating

June 25, 2019

Tagged in: Mozambique | Withdraw Rating

Johannesburg, 25 June 2019– GCR Ratings (“GCR”) has withdrawn Seguradora Internacional de Mocambique S.A’s (“SIM”) national scale claims paying ability rating of AA-(MZ), Stable outlook.…