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Report Date : |
25.02.2012 |
IDENTIFICATION DETAILS
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Name : |
BATIMAT NIGER SARL |
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Registered Office : |
Avenue De La Mairie BP 2968 Niamey |
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Country : |
Niger |
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Date of Incorporation : |
19.02.1960 |
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Legal Form : |
Societe Anonyme Responsabilite Limitee. |
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Line of Business : |
Dealers in building and construction equipments
and related accessories |
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No. of Employees : |
250 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 60000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com while quoting report
number, name and date.
ECGC Country Risk Classification List – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Niger |
C1 |
C1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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COMPANY REPORTED: |
BATIMAT NIGER SARL |
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Principal
Address: |
BP 2968 Niamey, Niger |
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Telephone: |
+227-20734205/734212 |
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Fax: |
+227-20734199 |
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Email: |
batimatniger@yahoo.fr |
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Internet: |
None |
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Established: |
19/2/1960 |
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Registration: |
R C B0498 Niamey, Niger |
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Legal Form: |
Societe Anonyme Responsabilite Limitee. |
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Stock Listing: |
Not Listed |
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Workforce: |
2011 |
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250 |
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Office &
Factories |
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Head offices |
Avenue De La Mairie, Niamey, Niger |
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Branches |
None |
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Current Credit Limit: USD 60,000
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Management/ Directors |
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President/ CEO (1) |
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Name |
Mr. R. M. Gambo |
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Active in daily
business: |
Active |
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Current Title: |
Director |
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Country of residence |
Niger |
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Remarks |
Top Decision Maker |
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Director (2) |
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Name |
Mr. A. Loutou |
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Active in daily
business: |
Active |
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Current Title: |
Director |
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Country of
residence |
Niger |
̃ Top decision maker
is the person who has the ultimate authority or power to make important
managerial decisions. He/She may or may not be officially registered as a
president or an executive director.
No negative information found.
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Company Profile: |
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||
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Nominal Capital |
CFA. 20,000,000 |
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Paid in Capital |
CFA. 20,000,000 |
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Subscribed
Capital |
CFA. 20,000,000 |
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Shareholders |
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|
Name |
Position |
Amount
|
Ratio |
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Mr. R. M. Gambo |
Director |
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Mr. A. Loutou |
Director |
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Mr. Adel Hachem |
Director |
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Groupe Batimat
France |
Holding Co. |
|
100.00% |
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Total |
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|
100.00% |
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Terms of payment |
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Buying terms |
30%
in cash, 70% on credit |
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Selling terms |
80%
in cash, 20% on credit |
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|
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Suppliers |
Various
companies such as Holding company etc |
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Customers |
Building,
Construction & Public Works companies, etc |
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Recent Sales |
CFA. 2,098,000,000
(2011 Estimated) |
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Exports |
None |
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Export Ratio |
0.0% |
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Import Ratio |
30.0% |
|
Domestic Market Share |
20.0% |
|
Affiliated
Companies |
Various in Africa |
Na
|
Exchange Rate |
US$ 1 = CFA.
495.81 |
|
Business Activities |
Dealers in building and construction equipments
and related accessories |
|
Business Premises |
3000 Sft |
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Type of
occupation |
Rented |
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Location |
The subject is located close to a major road network |
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Premises used
as
|
Offices |
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Banking relationship |
|
|
Main Banks |
Bank of Credit
&Commerce Niger SA |
COMMENTS
Maximum credit we recommend is USD 100,000
outstanding at any one time.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.06 |
|
|
1 |
Rs.77.19 |
|
Euro |
1 |
Rs.65.57 |
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 |
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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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
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 |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.