Global Credit Rating Co (GCR) has affirmed SFS Capital’s long-term credit rating ‘A’ with a stable outlook. It equally affirmed the asset management company, short-term credit rating ‘A2’, having both ratings show a stable outlook, reaffirming strength and stability. On the ungeared balance sheet, it stated that the firm’s balance sheet remained unleveraged, providing a stable financial foundation and supporting its robust liquidity profile. It stated that its expertise in REIT management, also made the firm recognised for its proficiency in managing REITs, significantly contributing to its competitive position in the asset management sector. We are focused on enhancing our market position through innovative products and services that meet the evolving needs of our clients and investors.

Source: The Guardian June 14, 2024 09:27 UTC