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Agusto & Co assigns a ‘Bbb-‘rating to HASAL Microfinance Bank Limited

Agusto & Co assigns a ‘Bbb-‘rating to HASAL Microfinance Bank Limited. (“HASAL” or “the Bank”). The rating is supported by the Bank’s good capitalisation, good funding & liquidity profile and qualified management team. The rating is, however, constrained by declining profitability and increase in non-performing loans.

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.