Online meeting was held with Fitch Ratings consultants at the TUIE

20 November 2020

On November 19, representatives of the Union of Industrialists and Entrepreneurs conducted online negotiations with consultants of American corporation “Fitch Ratings Inc.”, known as a rating agency.

Issues related to acceptance of Fitch rating by private enterprises – TUIE members have been discussed in the course of a meeting.

Consultants have presented information on activity and export capabilities of Turkmen private business enterprises. At the same time, it was noted that the production of finish products is a top priority. Particularly, in this regard, it was considered the capabilities of agricultural producers, which are specialized in the manufacturing of new kinds of food products, as well as the implementation of projects, obtained credits.

As it is known, Fitch experts carry out a strong analysis of the financial stability of various issuers, making decisions on their capabilities to pay interests, which is essentially make life easy for private investors.

Fitch rating has a positive effect on the image of product manufacturers, promotes to attract investors.