Bulgaria Bansko Winter Resort Boasts High Credit Rating

Business | February 10, 2010, Wednesday // 15:56| Views: | Comments: 0
Bulgaria Bansko Winter Resort Boasts High Credit Rating: Bulgaria Bansko Winter Resort Boasts High Credit Rating Bulgaria's top winter resort Bansko enjoys high level of trust from creditors. Photo by BGNES

Bulgaria's municipality of Bansko, best known for its winter resort with the same name, has received an A-1 rating by the Bulgarian Credit Rating Agency.

The rating means the municipality is managed well and can cover its own expenses. Bansko has received similar ratings for several years now. The Bulgarian Credit Agency further notes that the municipality's credit worthiness is good in short-term and long-term perspective and it enjoys high level of trust from creditors.

The Bulgarian Credit Agency is the only one in the country whose assessments are internationally recognized along with those of agencies such as Moody's and Fitch

The assessment is made based on all economic and demographic indicators, capital expenses, investment, money for education, and public works.

Business » Be a reporter: Write and send your article
Tags: Bansko, Bulgarian Credit Rating Agency
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria