ANI PR Wire
22 Sep 2022, 10:45 GMT+10
Panchkula (Haryana) [India], September 22 (ANI/PNN): Yield Group of Companies has been rated by two reputed international agencies as low risk to work in the financial sector. The DCC (Dubai Chamber of Commerce) has rated Yield4Finance AA for the services being provided to the clients, and DNB (Dun & Bradstreet) has rated 1A.
With the constant efforts of Managing Director of Yield4Finance, Mr Vipul Chadha, the company is attaining new success marks every day. Credit ratings are essential for firms to sustain in the densely competitive market.
Furthermore, Yield Group of Companies is ISO 9001 2015 compliant to stay ahead of the market competition and is able to provide the most reliable services to their clients globally.
What Is Credit Rating?
A detailed analysis of credit risks related to the financial firm and the financial instrument is known as a Credit Rating. Primarily, these ratings are based on the company's financial history of lending or borrowing worthiness. Various credit rating agencies publish these ratings after analyzing different factors about the company being rated.
According to Yield4 Finance's Vice President Javela Macalalad the firm has always protected their clients from scams and fraud in the market. The reliable credit ratings are evidence that Yield4Finance is ahead of its competition to provide the best services to its clients in the most protective manner.
According to Yield4 Finance's AGM MsAnna Perello says that, the company works in a sensitive trade finance market, where scams and fraud happen daily. Therefore, to protect those trades, they provide guarantees from reputed and regulated banks and institutions like Documentary credits (DLC), Standby letter of credit (SBLC) and various types of guarantees. These guarantees assure buyers of safer trades and more manageable cash flow.
It is essential to be reliable to offer these types of financial instruments, and the credit ratings empower the firms to work seamlessly.
What Are The Perks Of Good Credit Ratings?
Many financial firms often seek an upgraded credit rating, which clearly suggests its importance. After analyzing all the financial statements, annual reports, news pieces, and further vision of the firm, the credit ratings are given. Here are a few of the importance of credit rating:
The financial institutions with higher credit ratings offer services like SBLC, bank guarantees and more at reliable lower interest rates.
A good credit rating enhances the overall working and the offered services by the financial firms. It encourages the firms to provide even more smooth & authentic financial services.
An excellent credit rating of Yield4Finance, allows the investors to make a trustworthy investment decision, considering all the finance risk factors.
How Yield4Finance Achieved The Top Grade Credit Ratings?
Yield Group of Companies is constantly working towards revolutionalizing the global trade scenario by providing tailor-fit services. The top-notch services include SBLC, Bank Guarantees, Documentary Letter of Credi, etc.
The firm has bagged two renowned credit ratings from global rating agencies with its proven record of transparent working processes and customer-centric services. As per the Chairman of Yield4Finance, Sanjeev Chadha, the mantra of success is to just keep going. The firm incorporates management with years of experience in trading, with strong links with trusted banks and financial institutions.
This story has been provided by PNN. ANI will not be responsible in any way for the content in this article. (ANI/PNN)
Get a daily dose of Nepal National news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nepal National.
More InformationNEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
Tarn Taran (Punjab) [India], July 12 (ANI): In a successful joint operation, the Border Security Force (BSF) and Punjab Police apprehended...
New Delhi [India], July 12 (ANI): External Affairs Minister S Jaishankar will visit Singapore and China from July 13 to 15. In Singapore,...
Dehradun (Uttarakhand) [India], July 12 (ANI): In a major breakthrough under the 'Drugs Free Devbhoomi Mission,' the Uttarakhand Police...
New Delhi [India], July 12 (ANI): Stating that America's relationship with Pakistan is complex, a leading security expert has said...
Kabul [Afghanistan], July 12 (ANI): The United Nations has warned of a worsening humanitarian crisis as up to three million Afghan...
Lucknow (Uttar Pradesh) [India], July 12 (ANI): Union Defence Minister Rajnath Singh on Saturday said that the Indian Army continues...