GCR rates the full spectrum of security classes and accords both International Scale and National Scale ratings, and together with its international affiliates, rates almost 3000 organisations and debt issues - spanning 4 continents.
Our rating and research activities can be sub-divided into the following key sectors: 1) Financial Institutions: banks and non-bank financial institutions 2) Insurance: short term insurance, assurance, reinsurance & healthcare 3) Corporate and Public Sector Debt: corporates & industrial borrowers; MFI’s; parastatals, utilities & local authorities and 4) Structured Finance & Securitisation.
GCR’s application for registration approved by the FSB
Global Credit Rating Co. (Pty) Ltd is pleased to advise our clients, investors and other interested parties that our application for registration as a credit rating agency by the Financial Services Board has been approved. Please refer to the following link to the Financial Services Board website for further details please click here
Benefits of a GCR Rating
A favourable rating can immediately result in an increased pool of investors, can facilitate direct access to capital markets and can ultimately result in reduced funding costs. Furthermore, the extensive distribution of the detailed rating report can prove to be a highly effective complement to an organisation’s own investor relations activities.
An overview of GCR’s subscription services
GCR’s overriding objective has always been to establish itself as the most credible and cost effective source of information in the marketplace and our exceptional market penetration reflects this subscriber emphasis. In view of the above, GCR established the largest subscriber base in the industry in less than 4 years.
The history of GCR
Global Credit Rating Co. (“GCR”) can trace its origins back to 1996 when it was established as the African Arm of the New York Stock Exchange-listed Duff & Phelps. Very rapid growth followed and within only a short period the group had established itself as the market leader, accounting for the majority of all ratings accorded on the African continent. GCR’s African regional headquarters are based in Johannesburg, with its main SADC, West, and East African regional offices established in Harare, Lagos and Nairobi respectively.
An overview of GCR’s rating definitions
GCR defines credit risk as the risk that an entity may not meet its contractual financial obligations as they come due. Credit ratings do not address other risks such as, but not limited to, fraud, organised crime, market liquidity, market value risk, or price volatility. Credit ratings are opinions and not statements of current or historical fact.
Johannesburg, 25 May 2015 - Global Credit Ratings has today affirmed the national scale ratings assigned to Stima Sacco Society Limited of BB+(KE) and B(KE) in the long term and short term respectively; with the outlook ...
25 May 2015 In Rating Notifications
Johannesburg, 25 May 2015—Global Credit Ratings has affirmed the national scale ratings assigned to Barclays Bank of Zimbabwe Limited of AA-(ZW) and A1+(ZW) in the long term and short term respectively; with the ou...
25 May 2015 In Rating Notifications
Johannesburg, 20 May 2015—Global Credit Ratings has affirmed the national scale ratings assigned to Standard Bank of South Africa Limited of AA+(ZA) and A1+(ZA) in the long term and short term respectively; with th...
20 May 2015 In Rating Notifications
Johannesburg, 18 May 2015—Global Credit Ratings has today assigned an initial national scale claims paying ability rating to Genric Insurance Company Limited of A-(ZA); with the outlook accorded as Stable. SUMMARY...
18 May 2015 In Rating Notifications
Johannesburg, 13 May 2015—Global Credit Ratings has today affirmed the national scale ratings assigned to African Oxygen Limited of A-(ZA) and A1-(ZA) in the long term and short term respectively; with the outlook ...
13 May 2015 In Rating Notifications
Vukile Property Fund Limited – New Group 1 Notes Ratings Accorded and Existing Group 1 Notes Ratings Affirmed
Johannesburg, 12 May 2015—Global Credit Rating Co. (‘GCR’) has accorded a final, public Long Term credit rating of ‘AA+(ZA)’ with a Stable outlook to the following Group 1 Notes issued on 8 ...
12 May 2015 In Rating Notifications
Johannesburg, 07 May 2015—Global Credit Ratings has today assigned first-time national scale ratings to Kampala Capital City Authority of A(UG) and A1-(UG) in the long term and short term respectively; with the out...
07 May 2015 In Rating Notifications