Mature Markets Can Pressure Operators’ Credit Profiles
By Oluwakemi Kindness Mature markets can provide businesses with loyal customers, stable revenues and predictable cash flows. But DataPro says market maturity does not automatically translate into stronger credit ratings. The credit rating agency says slower growth, tougher competition and rising customer expectations can create pressure on an operator’s credit profile. Financial indicators such as […]
Credit Ratings Can Prevent Microfinance Bank Failures
By Oluwakemi Kindness Independent credit ratings can help identify weaknesses in microfinance banks before they lead to institutional failure. This is according to DataPro in it August Rating Brief, which examines the lessons from the Central Bank of Nigeria’s recent revocation of the operating licences of 46 microfinance banks. The publication said the regulatory action […]