Expert RA Assigns Freedom Finance (JSC) Credit Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Freedom Finance' (JSC) creditworthiness rating A, which means high credit solvency, the first sublevel. The outlook is stable, which means high probability of maintaining the rating in the mid-term.
The absence of debt, high capital adequacy and moderately high profitability had a positive impact on 'Freedom Finance' rating.
The low business diversification and geographic diversification, the absence of insurance coverage and the moderately high susceptibility of assets to depreciation were highlighted among the rating-restraining factors.
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