MIRA
INFORM REPORT
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Report Date : |
5th
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
AMINOFF
YOSSEF |
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Registered Office : |
54
Bezalel Street Ramat Gan
52521 Israel |
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Country : |
Israel |
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Line of Business : |
Dealers
in diamonds |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
name
AMINOFF
YOSSEF
Telephone 972 3 613 00 61
Fax 972 3 613 27 87
54 Bezalel
Street
RAMAT GAN 52521 ISRAEL
HISTORY
Details not
forthcoming.
OWNERSHIP
Details not
forthcoming.
GENERAL
MANAGER
Yossef
Aminoff.
BUSINESS
Dealing in
diamonds.
Operating
from premises in 54 Bezalel street, Ramat Gan.
Number of
employees not forthcoming.
MEANS
Financial
data not forthcoming.
ANNUAL
SALES
Sales
figures not forthcoming.
BANKERS
Bank data
not forthcoming.
CHARACTER
AND REPUTATION
Nothing
unfavorable learnt.
Subject’s
general manager, the only authorized person to disclose details on subject, is
currently abroad and due to return in a few days. As soon as we will talk to
him, we will update you accordingly.
According
to the Ministry of commerce, total export of cut diamonds from Israel in 2004
(net) reached US$ 6.333 billion, a 14.4% increase from 2003.exports of rough
diamonds were US$ 2.92 billion, a 31% increase from 2003.
Import
of rough diamonds also increased by 32.4% to US$ 5.15 billion, and imports of
cut diamonds increased by 4.6% to US$ 3.405 billion.
The USA
is the main market for Israel’s export of cut diamonds (67%). The secondary
markets are in the Far East (of which Hong Kong 13% and Japan 2%) and Europe
(of which Belgium 7% and Switzerland 3%).
SUMMARY
For the
time being, dealings are recommended on a cash in advance basis only.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |