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.
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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.