Ratings > Banks and Financial Institutions > Microfinance Institutions > Microfinance institution «Business Microfinance Fund of the Republic of Crimea»
Microfinance institution «Business Microfinance Fund of the Republic of Crimea»


Ratings
Rating TypeNationalTierOutlookDate*
Microfinance InstitutionsB++1Stable19.02.2018

*Date of assignment or revision of the rating

Rating Actions

19.02.2018
AK&M Rating Agency has affirmed the national scale microfinance institution rating of the microcredit company 'Business Microfinance Fund of the Republic of Crimea' at 'B++' revising the sub-level from 3 to 1. The outlook is stable.
The '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 insi30.01.2017
AK&M Rating Agency has upgraded the national scale microfinance institution rating of the microfinance institution 'Business Microfinance Fund of the Republic of Crimea' from 'B+' to 'B++', sub-level 3. The outlook is stable.
The '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 c13.04.2016
AK&M Rating Agency has lowered the national scale rating of the microfinance institution 'Business Microfinance Fund of the Republic of Crimea' from 'B+' to 'B', with a negative outlook.
The '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 C18.02.2016
AK&M Rating Agency has assigned a 'B+' national scale rating to the microfinance institution 'Business Microfinance Fund of the Republic of Crimea'. The outlook is stable.
The '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

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