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Banks plan rating model for startups' risk profiling

Banks in India are considering the implementation of a separate rating framework for startups in order to assess their risk profile and provide financing. The move is in response to the governments push for banks to play a larger role in funding startups. A common rating framework would streamline the approval process and ensure timely disbursements.
Thornton Bharat Vivek Iyer Grant Thornton Reserve Bank Rating Model Risk Profiling

Nigeria Economy gets Fitch Ratings at "B-"; Outlook Stable

Fitch Ratings has affirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Fundamental Strengths and Weaknesses: Nigeria's rating is supported by a favourable public debt/GDP ratio, a large economy, a developed and |
Bola Tinubu Debt Management Office Oil Subsidies Weigh On Fiscal Deficit National Economic Council Oil Production Recovery National Bureau Of Statistics

Fitch Affirms Thailand at 'BBB+'; Outlook Stable

Fitch Ratings has affirmed Thailand’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Key Rating DriversExternal Strengths, Structural Constraints: Thailand’s ratings are underpinned by its robust external finances and strong macroeconomic policy framework, which should bolster […]
World Bank Governance Indicators Fitch Ratings Corruption As World Bank Governance Indicators Election Commission World Bank Long Term Foreign Currency Issuer Default Rating
Source: thaipr.net

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Fitch Revises Cameroon's Outlook to Stable; Affirms at 'B'

Mon 12 Apr, 2021 โ€“ 8:45 AM ET Fitch Ratings โ€“ Hong Kong โ€“ 12 Apr 2021: Fitch Ratings has revised the Outlook on Cameroonโ€™s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at โ€˜Bโ€™. KEY RATING DRIVERS The revision of the Outlook reflects that the pandemic shock caused only a mild deterioration in public finances, which Fitch expects will be reversed, and confidence that the government will secure sufficient funding in the medium term,...
Central African Republic Hong Kong Central African Paul Biya World Bank Governance Indicators Fitch Ratings

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