Fullerton Financial Holdings Credit Rating
AAAStable by SP Global. THL Singapore Temasek rated Aaa by Moodys.
Fullerton Financial Holdings Employee Benefits And Perks Glassdoor
Temasek Holdings Pvt Ltd.
Fullerton financial holdings credit rating. Over the years Fullerton India has achieved many milestones view our annual reports to know our progress. Fullerton Financial Holdings Pte Ltd. CRISIL has assigned its CRISIL AAAStableCRISIL A1 ratings to the proposed long term bank facilities and debt instruments of Fullerton India Credit Company Ltd FICCL.
The rating action follows the announcement on July 6 2021 by FICCL that Sumitomo Mitsui Financial Group Inc SMFG. Crore Rating Action Retail non-convertible debenture programme 2000 2000 ICRAAAAStable. We create shareholder value by differentiating through great people disciplined development and execution of unique business models that focus on the SME and mass market customer segments.
Crore Rating1 Rating Action Long-term Debt Programme 750000 Rupees Seven Thousand Five Hundred Crore Only CARE AAA. The parent company has a strong track record of. According to CARE ratings data at March 31 2019 Fullerton India Credit Company Limited had Rs 21542 crore in assets under management with 6042 of the portfolio being treated as unsecured.
Detailed description of the key rating drivers Key Rating Strengths Management and Capital Support. 3000 crore of Fullerton India Credit Company Limited1. 5 Shenton Way 18-06 UIC Building Singapore 068808.
Fullerton India Credit Company Limited FICCL is registered with RBI as a deposit accepting NBFC NBFC-D-SI and is one of Indias leading Non-Banking Finance Companies operating across rural and urban markets. A wholly owned portfolio company of Temasek Holdings Private Limited an investment company based in Singapore. The rating factors in benefits derived from strong linkages with and high strategic importance to the parent Fullerton Financial holdings Pte Ltd FFH which is a step-down subsidiary of Temasek Holdings Private Limited Temasek.
ICRA has a long-term rating of ICRAAAA pronounced ICRA triple A outstanding on the Rs. To be the leading Asian strategic and operating investor in financial and related services for the Mass Market and. The rating factors in benefits derived from strong linkages with and high strategic importance to the parent Fullerton Financial holdings Pte Ltd FFH which is a step-down subsidiary of Temasek.
FICCL is a part of Fullerton Financial Holdings which is a step down subsidiary of the Temasek group promoted and backed by the Government of Singapore. 5 Shenton Way 18-06 UIC Building Singapore 068808 Tel 65 6828 9900 Facsimile 65 6828 9911 Email email protected. Crore Current Rated Amount Rs.
Fullerton India Credit Company Limited is owned by Fullerton Financial Holdings which is owned by Temasek. The agency has also affirmed the National Short-term rating on its INR25bn debt at F1ind. Tel 65 6828 9900.
Fullerton India Credit Company Limited has a solid background lending it credibility. Fullerton India Credit Company Limited. SMFG will eventually acquire 100.
CWD Triple A Under Credit watch with Developing Implications Placed on Credit watch with Developing Implications. Fullerton Credit Services FCS was established to bring our expertise in small business financing to serve Chinas self-employed mass market and micro enterprises. Fullerton India Home Finance Company Limited Revised July 07 2021 Ratings Instruments Amount Rs.
The following reports have been produced by Moodys Investors Service Inc. FFH entering into a definitive agreement wherein SMFG will acquire 749 controlling stake in FICCL from its existing parent FFH. Fullerton Financial Holdings FFH invests in and operates financial institutions in emerging markets.
Answer 1 of 3. Ratings reaffirmed Summary of rating action Instrument Previous Rated Amount Rs. The rating also reflects the experienced management and healthy capitalisation in.
Is the ultimate holding company of FICCL. The company is an offshoot of Fullerton Financial Holdings which in turn is a wholly-owned subsidiary of Temasek Holdings Pte. 56 rows CRISIL has reaffirmed its CRISIL AAACRISIL PP-MLD AAArStableCRISIL A1.
Headquartered in Chengdu FCS has built up a strong network presence in south-west China with 41 branches in 4 provinces Sichuan Chongqing Hubei Yunnan offering financial. SMFG is one of the global systemically important banks G-SIBs and has high credit ratings of A1 by Moodys Investors Service and A- by Standard Poors. SMFG is one of the global systemically important banks G-SIBs and has high credit ratings of A1 by Moodys Investors Service and A- by Standard Poors.
A1 stable and Fullerton Financial Holdings Pte. Fullerton Financial Holdings FFH FFH holds a 251 stake in Fullerton India Credit Company Limited and is an independently operated strategic and operating investor in financial and related services in emerging markets. Rated AAAStable by SP Global.
The ratings on FIHFC factor in strong support from the ultimate parent Fullerton Financial Holdings FFH Singapore a step down subsidiary of Temasek rated. The ratings reflect Fitchs expectation of strong support from FICCs parent Fullerton Financial Holdings FFH. Rated A-Stable by SP Global and Fullerton Financial Holdings Pte Ltd FFH have reached an agreement for SMFG to acquire a 749 stake in FICCL from FFH subject to regulatory approvals.
Fullerton Financial Holdings FFH FFH holds a 251 stake in Fullerton India Credit Company Limited and is an independently operated strategic and operating investor in financial and related services in emerging markets. Or Standard Poors Ratings Group a division of The McGraw-Hill Companies Inc as applicable Rating Agency ies and are made available in full on this website with the consent of the Rating Agencies. 3500 crore-commercial paper programme enhanced from Rs.
The rating action is taken following the companys announcement on July 6 2021 on Sumitomo Mitsui Financial Group Inc SMFG rated by Moodys. 8000-crore long-term bank lines Rs. Fax 65 6828 9911.
ICRA has assigned the short-term rating of ICRAA1 pronounced ICRA A one plus to the Rs. Reaffirmed Commercial paper programme 4500 4500 ICRAA1. FICCL is a step down subsidiary of Temasek Holdings Private Ltd.
A unit of Temasek Holdings the private sector investment arm of the government of Singapore AAAOutlook Stable.
