Tassnief maintains Quara Finance long-term credit rating at 'BBB'

In a statement to Tadawul, the company said the ratings reflect a strong credit profile and imply the company’s ability to generate robust cash flows and achieve continuous revenue growth compared to its competitors. They further highlight the company’s solid financial position and favorable credit indicators while demonstrating the company's capacity to meet future financing requirements.

Quara Finance added that the ratings reflect the presence of a sound governance and risk management framework, underscoring its commitment to implementing comprehensive policies and procedures.