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Agusto & Co. affirms the SR3 rating assigned to Infinity Trust Mortgage Bank Plc

Rating Release

Agusto & Co. affirms the SR3 rating assigned to Infinity Trust Mortgage Bank Plc

The rating expires on 31 August 2020.

Agusto & Co. affirms the SR3 rating assigned to Infinity Trust Mortgage Bank Plc. (“Infinity Trust” or “the Servicer”). The rating is supported by a stable and well-experienced management team with good succession planning at the leadership level, ample business continuity framework, satisfactory asset administration and adequate collection and recovery procedures. The rating is however, constrained by the manual credit appraisal process and limited functionalities of systems with regards to data management.

This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Agusto & Co.