<p>Standard & Poor (S&P), a US based financial service company recently released a statement remarking that the long term corporate credit rating on Mukesh Ambani-led Reliance Industries Limited (RIL; BBB/Positive/–) has remained unaffected despite the company’s recent plans to buy back its equity shares. If anything, Reliance Industries ambitious plan to buy back its shares […]
S&P lifts Nigeria’s Credit Rating to positive
http://afripol.org/ Standard and Poor’s (S&P) the compassing powerful credit rating agency brought a smile to the faces of President Jonathan’s economic team by lifting the country’s credit rating from stable to positive. According to AFP news agency, "It also reaffirmed its B+/B long- and short-term issuer credit ratings for Nigeria, the continent’s most populous nation." […]
Angola with B+ credit rating can reassure bond investors
Analysis by Afripol Organization www.afripol.org The independent nation of Angola, a former Portuguese colony received a good credit rating from Standard & Poor’s, Fitch Ratings and Moody’s Investors Service that commensurate with Nigeria, Lebanon and Belarus. “The southern African nation’s creditworthiness was rated at B+ by S&P and Fitch, four levels below investment grade, according to […]
Credit Rating as a Career Choice
What is Credit Rating : A credit rating is a formal evaluation of a company’s financial health and ability to repay debt obligations and the likelihood of the borrower to default on a loan. Need for Credit Rating : Cash flows from Foreign Institutional Investors (FII) are overwhelming the Indian capital markets and can dictate […]
Why You Need a Business Credit Card
Being a small business owner, you must have possibly received various offers and applications for a business credit card. But you must be wondering that what makes them different from other credit cards and why you need to get one? What is a business credit card? A Business credit card is intended for use for […]
What are the Pros and Cons of Owning Multiple Credit Cards?
These days it is common to have multiple credit cards. They give a person easy access to money. But have you ever wondered what impact does it have on your finances? Does owning multiple credit cards streamline your expenses or make you a spendthrift and increase your debt? To help you find an answer to […]
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