Scope Ratings has updated its rating report on Georgian Finbureau LLC, rated B with Stable Outlook.

The rating affirmation reflects the issuer’s prominent market position in the debt purchase and collection sector in Georgia, as well as a supportive earnings capacity.

Scope Ratings has updated its rating report on Finbureau LLC, rated B with Stable Outlook.

The rating affirmation reflects Finbureau’s successful debt purchase and collection business strategy, maintaining its historical supportive profitability metrics.

Scope Ratings has updated its rating report on Georgia-based Finbureau LLC, rated B with Stable Outlook.

The rating affirmation factors Finbureau's initiatives to strengthen the resilience of its debt purchase and collection activities, and the maintenance of strong profitability.

The affirmation reflects the company’s successful debt purchase and collection strategy resulting in supportive profitability metrics.

The first-time issuer rating of B reflects a successful Georgian debt purchase and collection company with strong profitability metrics in recent years.