Business Studies, asked by Araina111, 9 months ago

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…..” Explain in detail that how samba bank would have been able to achieve such high credit quality.

Answers

Answered by Anonymous
1

Answer:

high credit may cause you a great depression of paying loan

Explanation:

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