Financial Digest

Boost becomes first digital financier in Malaysia to get investment-grade rating upgrade to AAA by RAM

  • 📰 DNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Boost, the fintech arm of axiata recently achieved a milestone by becoming the first digital financier in Malaysia to be upgraded to the highest investment-grade issue rating of AAA by RAM Rating.

First fintech in Malaysia to receive highest possible issue ratingBoost, the fintech arm of Axiata, recently achieved a milestone by becoming the first digital financier in Malaysia to be upgraded to the highest investment-grade issue rating of AAA by RAM Ratings. The upgrade is based on its Senior Notes’ fully cash-backed position.

“We are thrilled to once again raise the bar for the fintech industry, and it’s an honour to receive further market validation for the quality of our financing portfolio. This upgraded rating serves as a strong endorsement to our digital financial services, which has been positively operating at scale.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 23. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shabery Cheek: High-speed internet can help Felda entrepreneurs market products effectively, boost digital economyKUALA LUMPUR, July 12 — Federal Land Development Authority (Felda) settlers who venture into business will be able to market their products more effectively with access to...
Source: malaymail - 🏆 1. / 86 Read more »