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Oando Marketing PLC’s National scale Naira currency long and short term ratings have been withdrawn

Global Credit Rating Co (“GCR”) has withdrawn Oando Marketing PLC’s Nigerian Naira currency rating of: Long term BBB+ (triple B plus) Short term A2 (single A two) GCR has been unable to obtain the information req...

08 Jun 2012 In Market Alerts

ReNaissance Merchant Bank Limited placed under curatorship

On 2 June 2011, the Reserve Bank of Zimbabwe (“RBZ”) placed ReNaissance Merchant Bank Limited (“ReNaissance”), a wholly-owned subsidiary of ReNaissance Financial Holdings Ltd (“RFHL”), under curatorship for s...

01 Jul 2011 In Market Alerts

COMMED’s rating withdrawn

Community Medical Aid Scheme (“COMMED”) has elected to discontinue its contract with GCR, and so, the previously accorded claims paying ability rating of BBB- (triple B minus), Rating Watch, has been withdrawn. Libe...

01 Jun 2011 In Market Alerts

Spectramed’s rating withdrawn

Subscribers are notified that Spectramed has advised that it has taken the decision not to continue with the ratings process, and accordingly the previously accorded claims paying ability rating of A (single A) has been ...

01 May 2011 In Market Alerts

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