Fitch Rating: Tunisian SME’s will remain stable in 2010
TUNISIAONLINENEWS- The international rating agency ‘’Fitch Ratings’’, the global rating agency, has recently published a report on Tunisia’s firms rating for 2010.
The report indicates that local small and medium enterprises are more resistant to the economic crisis compared to those in other emerging countries and that their rating will remain stable during 2010.
The report also expects that Tunisian enterprises will resume their activities with a gradual recovery in sales and turnover by mid -2010.
Insofar as financing is concerned, the report shows that companies with low credit may face the risk of increased refinancing because of the hardening of the banks’ credit-granting policies.
Fitch Ratings publishes opinions on a variety of scales, the most common are credit ratings, it also publishes ratings, scores and opinions relating to financial or operational strength.
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