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Financial Services Quarterly
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S&P to start rating finance companies
Standard & Poor's has announced its intention to launch a new ratings scale to measure the relative financial strength of non-bank finance companies in New Zealand.
The decision comes in response to strong industry support and a significant number of companies being committed to undertaking and releasing a rating.
Standard & Poor's has said that the ratings scale and symbolism will be unique and tailored specifically for New Zealand finance companies, building societies, credit unions and mortgage trusts.
Enquiries and information
For more information on any of the cases, articles and features in Financial Services Quarterly, please email Rachel Gowing or call on 64 9 916 8825.
Disclaimer
This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.
