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FIRST MICROFINANCE BANK GETS HIGHEST RATING - 2003-10-11

Date: 
Saturday, 2003, October 11
Location: 

The First Micro Finance Bank Limited (FMFBL), one of the first institutions of its kind to receive a license from the Afghan government, has recently been awarded highest rating by the JCR-VIS, a credit rating agency

person_place_reference: 
H.H. Prince Karim Aga Khan IV


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First Microfinance Bank gets highest rating - FIRST MICROFINANCE BANK GETS HIGHEST RATING - 2003-10-11

The First Micro Finance Bank Limited (FMFBL), one of the first institutions of its kind to receive a license from the Afghan government, has recently been awarded highest rating by the JCR-VIS, a credit rating agency, said a press release on Friday. The FMFBL was awarded a medium to long term rating of 'A+' (Single A Plus) with a positive outlook, and a short term rating of A-1 + (A One Plus). The JCR-VIS said in a press release, 'The ratings incorporate the management's expertise and the boards' commitment to the mandate of the bank.

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