GFH Financial Group Shifts Credit Rating Strategy
GFH Financial Group withdraws Capital Intelligence Ratings, opting for global leaders Fitch and S&P.
Summary
GFH Financial Group has withdrawn its credit ratings from Capital Intelligence Ratings, choosing to rely on Fitch Ratings and Standard & Poor's Global Ratings.
In a strategic move, GFH Financial Group B.S.C. has announced the withdrawal of its credit ratings from Capital Intelligence Ratings. This decision, communicated in a press release dated 23rd June 2025, marks a significant shift in the company's credit rating strategy.
Founded in 1999 in the Kingdom of Bahrain, GFH Financial Group has established itself as a prominent player in the GCC's financial sector. With a diversified portfolio that spans investment management, commercial banking, and treasury investments, GFH has a strong presence not only in the GCC but also in the US, Europe, and the UK. The group is listed on multiple stock exchanges, including the Bahrain Bourse, Boursa Kuwait, Dubai Financial Market, and Abu Dhabi Securities Exchange.
The decision to withdraw from Capital Intelligence Ratings comes as GFH Financial Group shifts its reliance to two of the world's leading credit rating agencies: Fitch Ratings and Standard & Poor's Global Ratings (S&P). This move aligns with the company's strategic focus on maintaining its reputation and credibility in global financial markets.
According to Mariam Jowhary, Head of Compliance & AML at GFH Financial Group, the shift in credit rating agencies is aimed at leveraging the global reach and recognition of Fitch and S&P. These agencies are renowned for their comprehensive analysis and robust methodologies, which provide a more globally acknowledged assessment of creditworthiness.
For investors and stakeholders, this strategic pivot could be seen as a positive development, reflecting GFH's commitment to aligning itself with internationally recognized standards. However, it also raises questions about the implications for the company's financial health and market perception.
From an investment perspective, the decision to rely on Fitch and S&P could enhance GFH's appeal to international investors, potentially leading to increased investment inflows. However, investors should remain vigilant and consider the broader market conditions and GFH's performance in the coming quarters.
Given the current circumstances and the strategic nature of this decision, it is advisable for investors to hold their positions in GFH Financial Group. Monitoring the company's performance and any further announcements will be crucial in making informed investment decisions.
Source
Summary
On June 23, 2025, GFH Financial Group B.S.C. announced that it has withdrawn the credit ratings assigned to it by Capital Intelligence Ratings. The decision was made because the group currently relies on credit ratings from two leading global agencies, Fitch Ratings and Standard & Poor's Global Ratings (S&P). The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering, and was officially documented with the company seal.
