Stanbic IBTC Pension Managers attributes GCR Ratings Stable Outlook to commitment

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings Plc, has received an Initial Management Quality Rating of MQ2(NG)(mq) with a Stable Outlook from Global Credit Ratings (GCR). The rating demonstrated the company’s commitment to excellence in all aspects of its operations.

GCR, the rating agency, gained expertise in assessing the creditworthiness of financial institutions, corporates and government entities, and had established itself as a leading rating agency in Africa. GCR adopted a Management Quality (MQ) rating system that ranked from the highest rating of ‘MQ1’ to the lowest rating of ‘MQ5’. The Nation newspaper Page 9