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Accelerex receives augusto, gcr investment grade credit ratings

Accelerex receives Augusto, GCR investment grade credit ratings

The Nigerian auxiliary of Accelerex Holdings Mauritius, Global Accelerex, has been allowed A-(steady standpoint) credit score by Agusto and Co and A2NG (present moment, stable viewpoint) credit score by Global Credit Ratings (GCR).

Agusto and Co said the allotted appraisals depended on Global Accelerex's acceptable monetary condition, confirmed by great productivity, high income, good working capital, and low influence.

Agusto and Co clarified that the organization's certified and experienced supervisory crew took into cognizance a market administrative role.

In its evaluations affirmation, GCR said the appraisals mirrored the organization's moderately solid credit hazard profile, solid partnership with Nigerian monetary establishments, and other industry players just as specialized help from its primary providers.

Gathering Chief Executive Officer, Accelerex, Tunde Ogungbade, said the speculation grade evaluations by the two African rating organizations were a demonstration of the flexibility of the organization's plan of action, the strength of its financial record, and the help of its accomplice banks, dealers, specialists, providers, and investors.

He said: "I'm pleased with this positive advancement notwithstanding the pandemic that described the time frame under audit.

The assertion added that Accelerex Ghana improved installment specialist organization permit from the Bank of Ghana.

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