Archive for March, 2009

MICROCAPITAL STORY: Fitch Rates Uzbekistan Microcreditbank at B-

Fitch has assigned a long term issuer default rating of B minus with a stable outlook to Uzbekistan-based Microcreditbank ( MCB ). According to a Morningstar press release , MCB’s long- and short-term ratings are underpinned by the Uzbekistan government’s 83 percent stake in the bank.  The rating reflects Fitch’s belief [...]

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