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UNSOLICITED RATINGS
Independent unsolicited rating publications prepared from publicly available information.
BANK
| TITLE | COUNTRY | DATE | RATING ASSIGNED | PUBLICATION |
|---|
| FIRST CAPITAL BANK | ZAMBIA | 2026-04-06 | BBB (EVOLVING) | VIEW REPORT |
| ZAMBIA INDUSTRIAL COMMERCIAL BANK | ZAMBIA | 2026-03-31 | BBB (STABLE) | VIEW REPORT |
| FIRST NATIONAL BANK | ZAMBIA | 2026-03-29 | A (STABLE) | VIEW REPORT |
| ZAMBIA NATIONAL COMMERCIAL BANK (ZANACO) | ZAMBIA | 2025-03-17 | A (POSITIVE) | VIEW REPORT |
CORPORATES
| TITLE | COUNTRY | DATE | RATING ASSIGNED | PUBLICATION |
|---|
| ZCCM-INVESTMENT HOLDINGS PLC (ZCCM-IH) | ZAMBIA | 2025-11-28 | B (NEGATIVE) | VIEW REPORT |
| REAL ESTATE INVESTMENTS ZAMBIA PLC | ZAMBIA | 2025-09-16 | B (EVOLVING) | VIEW REPORT |
| METAL FABRICATORS OF ZAMBIA PLC (ZAMEFA) | ZAMBIA | 2025-08-13 | BB (STABLE) | VIEW REPORT |
| CHILANGA CEMENT PLC | ZAMBIA | 2025-08-11 | A (STABLE) | VIEW REPORT |
| COPPERBELT ENERGY CORPORATION PLC | ZAMBIA | 2025-08-07 | A (POSITIVE) | VIEW REPORT |
| ZAMBIA SUGAR PLC | ZAMBIA | 2025-05-29 | AA (STABLE) | VIEW REPORT |
| AIRTEL NETWORKS ZAMBIA PLC | ZAMBIA | 2025-04-14 | BBB (POSITIVE) | VIEW REPORT |
| ZAMBEEF PRODUCTS PLC | ZAMBIA | 2025-03-11 | BBB (STABLE) | VIEW REPORT |
INSURANCE INDUSTRY
| TITLE | COUNTRY | DATE | RATING ASSIGNED | PUBLICATION |
|---|
| KLAPTON REINSURANCE LIMITED | ZAMBIA | 2026-03-30 | A (STABLE) | VIEW REPORT |
| ZAMBIA REINSURANCE PLC | ZAMBIA | 2025-02-28 | BBB (STABLE) | VIEW REPORT |
