The credit rating of MFI MBC has been upgraded to B positive
Scope Rating, a leading European rating agency, has assigned a positive outlook (Outlook Positive) to the microfinance organization MFI MBC.
In comparison to 2023, the rating estimate for 2024 has been improved. MFI MBC's credit rating was stable last year.
MFI MBC's rating assessment has been improved based on its capital adequacy, increased profitability, diversified funding sources, and investments in the areas of environmental, social, and governance.
According to Scope's report, MFI MBS' strategic decision to apply for a Microbank license was a positive one. In Scope's opinion, regulatory requirements associated with Microbank status will enhance the company's capital and risk management capabilities and give it access to a larger potential market.
