MFI FML in Sevastopol


Ratings
Rating TypeNationalTierOutlookDate*
Microfinance InstitutionsB++3Stable01.08.2017

*Date of assignment or revision of the rating

Rating Actions

01.08.2017
AK&M Rating Agency has raised the national scale microfinance institution rating of the MFI FML in Sevastopol from 'B+' to 'B++', sub-level 3, with a stable outlook.
The 'B++' rating indicates that MFI FML in Sevastopol qualifies as a microfinance organization with a satisfactory degree of reliability. The risk of a delay in meeting obligations is moderate, the full or partial debt restructuring risk is insignificant. The rating assignment was based on t01.08.2016
AK&M Rating Agency has assigned a 'B+' national scale rating to nonprofit organization 'Microfinance institution Fund of microlending to small and medium-sized businesses in Sevastopol city' (MFI FML in Sevastopol). The outlook is stable.
The 'B+' rating indicates that means that MFI FML in Sevastopol qualifies as a microfinance institution with satisfactory creditworthiness. The risk of full or partial default is low. The rating assignment was based on the Credit Rating Methodology for Microfinance Institutions rev. February

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