December 13, 2018
Agusto & Co. assigns a “Bbb-“ rating to Mainstreet Microfinance Bank Limited
The rating of Mainstreet Microfinance Bank (“Mainstreet” or “the MFB”) is underpinned by good capitalisation, good profitability, satisfactory asset quality, satisfactory liquidity profile and a stable management team. The rating is tempered by weak risk management practices around bank placements and manual loan approval and collection processes a ...
