Credit Rating of Invescore NBFI JSC.

MIRA has confirmed Invescore NBFI JSC’s credit rating

MIRA has affirmed Invescore NBFI JSC ratings at ‘A’; the Rating Outlook is Stable.

  • Issuer Rating: A (Investment Grade)
  • Invescore Bond Rating: A (Investment Grade)
  • Outlook – Stable

Rating sensitivities

Positive: 

  • Increase in the weighted average maturity of liabilities;
  • Enhancement of capital adequacy ratios through increased equity capital or retained earnings;
  • Sufficient increase in the liquid reserves;
  • Improvement and strengthening of operations of subsidiaries that are operating internationally.

Negative: 

  • Decrease in capital adequacy indicators from the current level;
  • Failure to meet expectations of business expansion;
  • Reduced liquidity due to funding challenges.

Outlook: Stable

Stable outlook is a short-term outlook based on the quality of company’s loan portfolio, stable growth, good risk management system, and diverse funding sources.

Company profile:

Founded in 2016, “Invescore NBFI” JSC (RN: 6060854, Address: Mongolia, Ulaanbaatar, Sukhbaatar district, 1st Khoroo, Parisian Street, IC tower, 14th Floor) is engaged in lending operations, factoring operations, trust services, investing in short-term financial instruments, and providing advice and information with a special license from the Financial Regulatory Commission.

The rationale behind the Credit Rating and Outlook is available at Invescore rationale EN | Mongolian Investment Ratin Agency (mira.mn)

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