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client protection, social and financial performance

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MFR IS A PRIVATE AND INDEPENDENT INTERNATIONAL RATING
AGENCY SPECIALIZED IN INCLUSIVE FINANCE

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REPORTS

Newly Issued Ratings

INSTITUTION REPORT COUNTRY AREA GRADE LANGUAGE ISSUE DATE
CCC Ambato Credit Rating ECUADOR LAC BB+
Negative		 Spanish June 2020
COAC Cooprogreso Credit Rating ECUADOR LAC AA
Stable		 Spanish June 2020
COAC Andalucía Credit Rating ECUADOR LAC AA
Negative		 Spanish June 2020
COAC 23 de Julio Credit Rating ECUADOR LAC AA-
Negative		 Spanish June 2020
COAC Chone Credit Rating ECUADOR LAC BBB
Stable		 Spanish June 2020
COAC Guaranda Credit Rating ECUADOR LAC BBB-
Stable		 Spanish June 2020
COAC San Antonio Credit Rating ECUADOR LAC BBB+
Negative		 Spanish June 2020
COAC Jardín Azuayo Credit Rating ECUADOR LAC AA-
Stable		 Spanish June 2020
Banco CODESARROLLO Credit Rating ECUADOR LAC BBB+
Stable		 Spanish June 2020
COAC San José Credit Rating ECUADOR LAC A+
Stable		 Spanish June 2020
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Latest News

The updated European Code of Good Conduct for Microcredit Provision has been published
July 3, 2020

The updated European Code of Good Conduct for Microcredit Provision has been published

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