microfinance institution 'Fund of development of small and average business of Vladimir region (FDSA)'	Ratings| Rating Type | National | Tier | Outlook | Date* | 
|---|
| Microfinance Institutions | A | 3 | Stable  | 13.06.2018 | 
*Date of assignment or revision of the rating
	
	
	
	Rating Actions13.06.201809.06.2017The 'A' rating indicates that the microcredit company "Fund of development of small and average business of Vladimir region" (FDSA) qualifies as a highly creditworthy microfinance institution. The risk of a failure to meet obligations in time is low, the full or partial debt restru12.05.2016The 'A' rating indicates that the microfinance institution 'Fund of development of small and average business of Vladimir region (FDSA)' qualifies as a highly creditworthy microfinance institution. The risk of a failure to meet obligations in time is low, the full or partial debt res