Moody's Ratings has assigned a Ba1 long-term foreign currency and local currency issuer ratings to Aspial Lifestyle (SGX:5UF) with a stable outlook, according to a Friday filing with the Singapore Exchange.
The ratings reflect the pawnbroker's risk management practices and stable asset quality.
The rating could be upgraded if the company sustains strong profitability.
Shares of the Aspial Lifestyle were down nearly 3% in Friday trading.
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