FiinRatings suspends its rating on Vietcap Securities Joint Stock Company (“VCI”) due to the expiration of the rating agreement

June 26, 2023

Hanoi, June 26, 2023: FiinRatings has suspended all ratings on Vietcap Securities Joint Stock Company (“VCI”). The rating suspension has been made on the basis that the rating agreement has expired and at a mutual agreement. 

The announcement of this rating suspension has been made in accordance with Article 27, Article 5, and Article 47 under the Decree 88/2014/NĐ-CP dated 29 September 2014 governing the operation of credit rating services.

FiinRatings is no longer obliged to provide any further rating updates to market and concerned investors and creditors about the issuer and its debt instruments. The rating results, related opinions, and analysis by FiinRatings expressed in rating releases, rating reports, and on any other public domains are valid only from the release date and should not be used and/or referred to after the date of this announcement.

The latest rating opinions about the Issuer released by FiinRatings are as below:

Date released

Type of Credit Rating

Frequency

Issuer

Rating Result

Rating Outlook

Link to Announcement

March 17, 2023

Long-term Issuer Rating

Surveillance Update

 

Vietcap Securities Joint Stock Company

A-

Stable

Report

September 19, 2022

Long-term Issuer Rating

Initial Rating

Vietcap Securities Joint Stock Company

A-

Stable

Report

If you have any questions or inquiries, please contact our Investor Communication Team via investor.support@fiinratings.vn.

FiinRatings


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