Fitch Ratings upgrades Vietnam’s senior secured long-term debt rating to BBB-
The upgrade is seen as an important step in reinforcing the standing and credibility of Vietnam’s debt instruments in international capital markets.
Mcredit secures highest possible Issuer Default Rating from Fitch
Fitch Ratings has put Mcredit’s Issuer Default Rating (IDR) at “B” in its long-term and short-term ratings, with an outlook of “Stable”, which is its highest rating for financial companies in Vietnam. It said Mcredit’s rating will continue to be upgraded in the future if current stable operations are maintained.