The Institute of Private Enterprise Development (IPED) has gotten a good rating from regional credit rating body CariCRIS,
Caribbean Information and Credit Rating Services Limited (CariCRIS) in a statement on Thursday said it has assigned initial corporate credit ratings of CariBBB (Local Currency Rating) and CariBBB- (Foreign Currency Rating) on its regional scale, gyA+ (Local Currency Rating) and gyA (Foreign Currency Rating) on the Guyana national scale to IPED.
The regional scale ratings indicate that the level of creditworthiness of the obligor, adjudged in relation to other obligations in the Caribbean is adequate, it said. The Guyana national scale ratings indicate that the level of creditworthiness of this obligor, adjudged in relation to other obligations in Guyana is good, it added.
