Asset management affirmed firm ‘A’ rating, stable outlook

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Global Credit Rating News

Patrick Ilodianya,Real Estate Investment Trust,SFS Capital

Global Credit Rating Co (GCR) has affirmed SFS Capital's long-term credit rating 'A' with a stable outlook.

Global Credit Rating Co has affirmed SFS Capital’s long-term credit rating ‘A’ with a stable outlook.

GCR reviewed that the rating reaffirms strength and stability, demonstrating an impressive core corporate profitability margin of 40 per cent for the year ending December 31, 2023 and underscoring its capability to generate stable and substantial earnings. On the strategic initiatives and growth prospects, GCR stated that while SFS Capital holds a moderate competitive position due to its limited scale and fundholder concentration, the stable outlook underscored expectations for continued conservative financial management and the successful expansion of its REIT funds.

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