Credit Call endash Budget Report

The first in line includes all licensed commercial bank and specialised banking instructions, needing to have credit rating by January 2004. rn

rnRegisterd finance companies and leasing companies that raise funds by issuing debt to the public will need a credit rating by 2005.rn

rnMeanwhile, all other private companies that raise funds by issuing debt instruments to the public will have to acquire a rating by 2006.