Ahbor-Reyting withdraws rating of Kafolat

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Finance 17/03/2011 Ahbor-Reyting withdraws rating of Kafolat

Ahbor-Reyting withdraws rating of Kafolat

Tashkent, Uzbekistan (UzDaily.com) -- Ahbor-Reyting, a national rating agency of Uzbekistan and member of the Association of Credit Rating Agencies in Asia (ACRAA), withdrew solvency rating of Kafolar state joint stock insurance company in form of open joint stock company from 15 March 2011.

The agency said that the rating was withdrawn due to refusal of the company from actualization of rating and ending of the term of assigned rating. In the result of withdrawal of rating, Kafolat will not be monitored by Ahbor-Reyting.

Earlier, Ahbor-Reyting assigned solvency rating to Kafolat at the uzA level in line with the national scale. The outlook was stable.

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