Tag: Fitch affirms Bimputh Finance at BB(lka); outlook stable

Fitch Ratings has affirmed Bimputh Finance PLC’s (Bimputh) National Long Term Rating at ‘BB(lka)’. The Outlook is Stable. KEY RATING DRIVERS Bimputh’s rating reflects its relatively small but evolving franchise and high risk appetite stemming from its predominant micro financing exposure. The rating also reflects pressure on the company’s capitalisation stemming from its above average loan growth and limited funding diversity […]