The following is a statement in financial from president and CEO of Samba Bank on behalf of directors to Shareholders:
“As a result of strong liquidity position and its strategic direction, your bank’s medium to long term credit rating maintained as A (single A) whereas its short term rating remained as A-1 (A-One) as issued by JCR-VIS Credit rating Agency. These long and short term ratings, respectively, denote the low credit risk due to the adequate credit quality with reasonable protection…..”
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Explain in detail that how samba bank would have been able to achieve such high credit quality.The following is a statement in financial from president and CEO of Samba Bank on behalf of directors to Shareholders:
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