GCR Ratings (GCR), a member of Moody’s Rating Agency, has upgraded Nedbank Zimbabwe’s national scale long-term issuer rating to A+ (ZW) from A (ZW), with a stable outlook. Accordingly, the bank’s shortterm national scale issuer rating has been affirmed at A1 (ZW).Advertisements “The ratings upgrade reflect the increase in competitiveness score for Nedbank Zimbabwe relative…
CR upgrades Nedbank Zimbabwe’s credit rating
Nedbank, which currently operates 10 branches nationwide, has also rolled out a new ATM on 5th Avenue in Harare to widen service options.