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“Quara Finance Company announces that Tassnief has maintained the long-term entity rating of “Triple B Minus” (BBB Minus) and short-term entity rating of “T-4” assigned to Quara Finance Company. The outlook on the rating is “Stable”.

9596
QUARA
0.00 %
1446/06/14     15/12/2024 08:46:03

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Announcement Detail The assigned ratings incorporate a largely sustained profitability profile, superior capitalization and liquidity indicators vis-à-vis peers, and sufficient funding sources to support business growth. Ratings

also reflect sound governance & risk management framework, and implementation of comprehensive policies & procedures.”

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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