Expert RA Assigns Brio Finance Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Brio Finance' (micro-finance organization) reliability rating А.mfi, which means high reliability. The outlook is positive, which means high probability of upgrading the rating in the mid-term.
High profitability indicators, exclusive of the provisions for loan losses, the acceptable capital adequacy and the high loan portfolio turnover had a positive impact on the Company rating.
High concentration of the Company's business in one segment exposed to frequent changes in the regulation, the Company's small size and high risk concentration restrained the rating.
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