JCR-VIS reaffirms BMR rating of Integrated Equities Ltd

MG News | December 10, 2018 at 10:08 AM GMT+05:00

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December 10, 2018 (MLN): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Broker Management Rating of Integrated Equities Limited (IEL) at ‘BMR3++’.

Outlook on the assigned rating is ‘Stable’.

According to the rating agency, the rating signifies sound continuity of internal control framework, client relationship management, risk management and HR & IT services along with adequate regulatory compliance levels and external controls.

The rating reaffirmation takes into account IEL’s adequate board level governance.

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