News

Geneva keeps its B+ rating

Wednesday 27th of September 2006
"Standard & Poor's 'B+' rating on Geneva reflects the sound execution of its business strategy, which has supported its franchise and moderated some of its start-up risks," S&P credit analyst Derryl D'Silva says.

The rating on Geneva, however, is limited by the company's small market position; the potential for deterioration in asset quality given the company's loan portfolio is unseasoned a...

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