Microfinance institution «Business Microfinance Fund of the Republic of Crimea» RatingsRating Type | National | Tier | Outlook | Date* |
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Microfinance Institutions | B++ | 1 | Stable | 19.02.2018 |
*Date of assignment or revision of the rating
Rating Actions19.02.2018The 'B++' rating indicates that the Business Microfinance Fund of the Republic of Crimea qualifies as a microfinance institution with a satisfactory degree of reliability. The risk of a failure to meet obligations in time is relatively low, the full or partial debt restructuring risk is insi30.01.2017The 'B++' rating indicates that the Business Microfinance Fund of the Republic of Crimea qualifies as a microfinance institution with a satisfactory degree of reliability. The risk of a failure to meet obligations in time is relatively low.
The rating upgrade is motivated by a substantial c13.04.2016The 'B' rating indicates that the microfinance institution 'Business Microfinance Fund of the Republic of Crimea' (BMFRC) qualifies as a microfinance institution with satisfactory creditworthiness. The full or partial default risk is moderate. The rating assignment was based on the C18.02.2016The 'B+' rating indicates that the rev. October 12, 2015.
The credit rating is essentially supported by growing capitalization and a high level of security for the existing microloan portfolio.
For the whole period of
As the funding base increased, the Fund expanded its microloan