Expert RA Assigns POLITEX Risk Management System Quality Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'POLITEX' factoring company risk management system quality rating А.rm, which means high risk management.
High risk management results, a separate in-house risk management business unit and its independence from the Sales Division had a positive impact on the rating.
The insufficiently tough limits on concentration on the major customers, absence of limits that restrain concentration of credit risks in industries, and the insufficient operating risk management regulation were the rating-restraining factors.
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