MIRA
INFORM REPORT
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Report Date : |
08.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
YAIR ARBUSMAN |
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Registered Office : |
3 Jabutinsky Street,
Ramat Gan 52520 |
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Country : |
ISRAEL |
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Legal Form : |
Sole proprietorship |
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Line of Business : |
Dealers in diamonds. |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown
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Litigation : |
Unknown |
NAME & address
YAIR ARBUSMAN
3 Jabutinsky Street
RAMAT GAN 52520 ISRAEL
Telephone 972 3 575 23 30
Fax 972 3 575 23 29
HISTORY
A sole proprietorship,
operating under License dealer No. 008359275 (year of establishment not
forthcoming).
OWNER AND
GENERAL MANAGER
Yair Arbusman.
BUSINESS
Dealers in diamonds.
Operating from premises in
3 Jabutinsky 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 officials refused
categorically to disclose any data.
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
Considering the refusal to
disclose any details, dealings are recommended on a fully secure basis.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |