Alpha Credit Rating Limited (Alpha Rating) has assigned A- (pronounced as single A minus) for long term credit rating and ST-3 short term credit rating to the Meridian Finance & Investment Ltd. based on audited financial statements of 2022 and other available information up to the date of rating. The outlook on the rating is Stable. The ratings are consistent with Alpha Rating’s methodology for this type of financial institutions. Alpha Rating considered business sector characteristics and outlook, competitive position of the enterprise, operational activities, demand growth, entry barrier, market position, financial performance, and quality of financial reports, relationship with different stakeholders and business experience while assigning the rating.
This rating is valid up to August 3, 2024.