April 1, 2022
Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initial corporate credit ratings of CariBBB (Local Currency Rating) and CariBBB- (Foreign Currency Rating) on its regional scale, gyA+ (Local Currency Rating) and gyA (Foreign Currency Rating) on the Guyana national scale to the Institute of Private Enterprise Development Limited (IPED or the Company). The regional scale ratings indicate that the level of creditworthiness of this obligor, adjudged in relation to other obligations in the Caribbean is adequate. The Guyana national scale ratings indicate that the level of creditworthiness of this obligor, adjudged in relation to other obligations in Guyana is good.
IPED-Rating-Press-Release-31-March-2022