Publication Listing

GCR accord ratings on an international rating scale and a diverse number of national rating scales. These include credit ratings such as Long and Short-Term issuer and issue Ratings, Financial Strength Ratings and Structured Finance ratings. They also include ‘non-credit’ ratings such as servicer quality ratings, asset manager management quality ratings and funds ratings.

Publication Type
2246
73
141
14
15
Choose Country
Sectors

UPDC Real Estate Investment Trust (Sept 2022)

Nigeria

UploadedSep 2022

Leverage and capital structure are strong rating factors as UPDC REIT has maintained ungeared position since inception and its investment policy do...

Nigerian Breweries Plc (Sept 2022)

Nigeria

UploadedSep 2022

GCR takes cognisance of significant revenue growth in FY21, peaking at N437.3bn over the review period. The growth was underpinned by stronger volu...

MTN Nigeria Communications Plc (Aug 2022)

Nigeria

UploadedSep 2022

The competitive position remains a positive rating factor, given MTN Nigeria’s deep market penetrating capabilities, rapidly growing network...

Sundry Foods Limited (Aug 2022)

Nigeria

UploadedAug 2022

The Company has sustained a strong earnings trajectory over the review period. Revenue almost doubled to 21bn in FY21 (FY20: N11bn) outperforming b...

Sundry Markets Limited (Aug 2022)

Nigeria

UploadedAug 2022

Earnings is considered neutral to the ratings. Sundry Markets has maintained good revenue trajectory over the review period. Revenue rose significa...

FSDH Asset Management Limited (Aug 2022)

Nigeria

UploadedAug 2022

FSDH AM’s subdued earnings and negative shareholders’ funds represent a key rating concern. Impacted by a combination of fair value los...

WSTC Financial Services Limited (Aug 2022)

Nigeria

UploadedAug 2022

WSTC’s strong capitalisation is a key rating strength, with the capital adequacy ratio (“CAR”) historically maintained well above...

International Breweries Plc (Aug 2022)

Nigeria

UploadedAug 2022

During FY21, IBPLC consolidated on its position as one of the leading local brewers, following the merger with AB InBev in 2017. The higher product...

NICOZDiamond Insurance Limited (Aug 2022)

Zimbabwe

UploadedAug 2022

Holdings Limited (“FMHL”), listed on the ZSE. NICOZDiamond emanated from the merger of previously state-owned NICOZ Insurance Company a...

Agri Harvest Investments (RF) Limited Transaction 1 (Jul 2022)

South Africa

UploadedAug 2022

The Transaction is an asset-backed securitisation of agricultural loans that are advanced to commercial farmers in South Africa and forms part of a...

Octodec Investments Limited (Aug 2022)

South Africa

UploadedAug 2022

JSE-listed Octodec Investments Limited (“Octodec” or “the REIT”) is a medium-scale fund comprising 254 properties across a...

ICEA LION General Insurance Company Limited (Jul 2022)

Kenya

UploadedAug 2022

ICEA LION Insurance Holdings Limited is an investment holding company established in 2020, with interests in insurance and asset management busines...

ICEA LION Life Assurance Company Limited (Jul 2022)

Kenya

UploadedAug 2022

ICEA LION Holdings is an investment holding company established in 2020, with interests in insurance and asset management businesses in Kenya, Ugan...

Sterling Asset Management and Trustees Limited (Aug 2022)

Nigeria

UploadedAug 2022

Funding and liquidity position is assessed at an intermediate level. SAMTL’s funding base comprises largely investment products targeted at h...

RA International FZCO (UAE) (Jul 2022)

Kenya

UploadedAug 2022

Founded in 2004, RA Int is one of Africa’s leading remote site service providers. The company offers construction, integrated facilities mana...

CapitalSage Limited (Aug 2022)

Nigeria

UploadedAug 2022

CapitalSage’s competitive position is considered modest, being a niche player within the larger financial services space. The Company has ope...

eThekwini Municipality (Jul 2022)

South Africa

UploadedAug 2022

eThekwini is a Category A municipality located on South Africa's east coast in KwaZulu-Natal (“KZN”). The Metro encompasses Durban,...

Tropical Reinsurance Company Limited (Jul 2022)

Zimbabwe

UploadedJul 2022

Tropical Re was formed in 2007 as a reinsurer domiciled in Zimbabwe. The reinsurer is a subsidiary of Nzou Holdings Limited (“the group&rdquo...

Jubilee Allianz General Company Limited (Jul 2022)

Uganda

UploadedJul 2022

Uganda Reinsurance Company Limited (Jul 2022)

Uganda

UploadedJul 2022

Uganda Re was incorporated in November 2000 and commenced operations in 2013. The company is the only locally licenced reinsurer in Uganda and bene...

Stanbic Bank Zimbabwe Limited (Jul 2022)

Zimbabwe

UploadedJul 2022

Stanbic Bank Zimbabwe Limited is incorporated and domiciled in Zimbabwe and provides a wide range of commercial banking and related financial servi...

Transaction Capital Limited (Jul 2022)

South Africa

UploadedJul 2022

The ratings on the group primarily reflect the strengths and weaknesses of its three major subsidiaries, SA Taxi, TCRSH and We Buy Cars.

Bankmed (Jul 2022)

South Africa

UploadedJul 2022

Bankmed was established as a restricted medical scheme in 1914, with the aim of servicing the banking and financial services sector (specifically t...

Swan General Ltd (Jul 2022)

Mauritius

UploadedJul 2022

Swan General (“Swan”) began operations in 1955, following the merger of The Mauritius Fire Insurance Company Limited (established in 18...

AIG Kenya Insurance Company Limited (Jul 2022)

Kenya

UploadedJul 2022

AIG Kenya (formerly Chartis Kenya) is a privately owned company licensed by the Insurance Regulatory Authority of Kenya to underwrite all classes s...

CIC Life Assurance Limited (Jul 2022)

Kenya

UploadedJul 2022

Founded in 2011 following de-consolidation of the Cooperative Insurance Company Limited’s short and long term business units, CIC Life Assura...

Kenya National Police Deposit Taking SACCO Society Limited (Jul 2022)

Kenya

UploadedJul 2022

The national scale issuer ratings on Kenya National Police DT SACCO were accorded on a stand-alone analytical approach as the entity is not part of...

Compass Insurance Company Limited (Jul 2022)

South Africa

UploadedJul 2022

Compass Insure is a wholly owned subsidiary of Hannover Re South Africa Limited, which is 100% owned by Hannover Re Group Africa. The ultimate 100%...

CIC General Insurance Limited (Jul 2022)

Kenya

UploadedJul 2022

CIC General is an insurance company licenced in Kenya to underwrite all classes of the short-term business since 1978. The entity is the flagship c...

TUHF Urban Finance (RF) Ltd - Monitoring Dashboard (Jun 2022)

Nigeria

UploadedJul 2022

The Dashboard covers the period from December 2020 to March 2022 and is part of GCR’s performance monitoring process and does not constitute...

Sappi Southern Africa Limited (Jul 2022)

South Africa

UploadedJul 2022

JSE-listed Sappi Limited (“Sappi” or “the group”) is an internationally diversified wood fibre manufacturer focused on sust...

Dangote Industries Limited (Jun 2022)

Nigeria

UploadedJun 2022

The earnings profile assessment is positive to the ratings. This reflects the size and progression of earnings over the review period, with a 5-yea...

ENL Consortium Limited (Jun 2022)

Nigeria

UploadedJun 2022

ENL reported significant growth in revenue in FY21, underpinned by the sustained performance of the relatively protected port operations and enhanc...

FCMB Asset Management Limited (June 2022)

Nigeria

UploadedJun 2022

FCMB AM's earnings evidenced an upward trajectory over the last five years, with gross revenue registering a CAGR of 35.4% on the back of the s...

King Cetshwayo District Municipality (Jun 2022)

South Africa

UploadedJun 2022

King Cetshwayo District Municipality (formerly known as uThungulu District Municipality), is one of 10 category C municipalities in the KwaZulu-Nat...

Staco Insurance Company SL Limited (Jun 2022)

Sierra Leone

UploadedJun 2022

Staco’s robust earnings capacity is a positive rating factor, predominantly underpinned by a very competitive claims ratio, which averaged 15...

Nouvelle Compagnie Africaine de Reassurances

Cote d'Ivoire

UploadedJun 2022

NCA Re was established in November 2012 to support the growth of African insurance industries. In this respect, the entity is majority owned by ins...

Transaction Capital Risk Services Proprietary Limited (Jun 2022)

South Africa

UploadedJun 2022

The national scale servicer quality ratings on Transaction Capital Risk Services Proprietary Limited (‘TCRS’) is based on the financial...

Fox Street 3 (RF) Ltd - Monitoring Dashboard (23 Jun 2022)

South Africa

UploadedJun 2022

The Dashboard covers the period from January 2022 to April 2022 and is part of GCR’s performance monitoring process and does not constitute r...

Fox Street 6 (RF) Ltd - Monitoring Dashboard (23 Jun 2022)

South Africa

UploadedJun 2022

The Dashboard covers the period from August 2019 to May 2022 and is part of GCR’s performance monitoring process and does not constitute rati...

Available Purchase Options: