Letshego Ghana rating affirmed

Letshego Ghana Savings and Loans’ national scale long term and short-term issuer ratings have been affirmed at BB+(GH) and B(GH) respectively, with a negative outlook by GCR Ratings.

GCR has affirmed the Ghana-based financial services provider on its strong liquidity levels and expected support from its Botswana-based parent company, Letshego Group.

The negative outlook reflects the strain of the operating environment on the financial profile of the company.

See issuer profile here