MIRA INFORM REPORT
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Report Date : |
15.03.2012 |
IDENTIFICATION DETAILS
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Name : |
BYBLOS TEPPICHFABRIK SAL |
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Registered Office : |
Liban Tapis
Building, Safra, P O Box 112652, Kesrouane |
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Country : |
Lebanon |
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Year of Establishment : |
1978 |
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Com. Reg. No.: |
37900, Baabda |
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Legal Form : |
Lebanese Joint Stock Company |
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Line of Business : |
Manufacturers of carpets, rugs and mats. |
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No. of Employees
: |
100 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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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 : |
US$ 150,000 |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Lebanon |
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 |
Company Name : BYBLOS TEPPICHFABRIK SAL
Country of Origin : Lebanon
Legal Form : Lebanese Joint Stock Company
Registration Date : 1978
Commercial Registration Number : 37900, Baabda
Issued Capital : LP 9,000,000,000
Paid up Capital : LP 9,000,000,000
Total Workforce : 100
Activities : Manufacturers of carpets, rugs and mats.
Financial Condition : Undetermined
Payments : Nothing detrimental uncovered
Recommended Credit Limit : US$ 150,000
BYBLOS
TEPPICHFABRIK SAL
Registered &
Physical Address
Building : Liban Tapis Building
Area : Safra
PO Box : 112652
Town : Kesrouane
Country : Lebanon
Telephone : (961-9) 850775 / 850777
Facsimile : (961-9) 850888 / 850770
Premises
Subject operates
from a medium sized suite of offices and a factory that are rented and located
in the Industrial Area of Kesrouane.
Name Position
·
Artoun
N Festekdjian Chairman
·
Yordan
B Obegi Vice
Chairman
·
Varoujan
C Festekdjian Director
·
Zaven A
Festekdjian Director
·
Georges
B Obegi Director
·
Sylva
Fereshetian General
Manager
·
Jihad
Kobaiter Finance
Manager
Date of Establishment : 1978
Legal Form :
Lebanese Joint Stock
Company
Commercial Reg. No. : 37900, Baabda
Issued Capital : LP 9,000,000,000
Paid up Capital : LP 9,000,000,000
Name of
Shareholder (s)
·
Artoun
N Festekdjian
·
Yordan
B Obegi
·
Varoujan
C Festekdjian
·
Zaven A
Festekdjian
·
Georges
B Obegi
Activities: Engaged in the manufacture of carpets, rugs
and mats.
Import
Countries: Belgium, India, Syria,
Turkey, Bangladesh, Germany, China, Argentina and Taiwan.
Brand Names: GRANDE PLACE, ORCHIDE, COSMO, DIWAN,
PRINCESSE, DAFA, ASSALA, ICE, BARON,
LEGACY, MODENA, MAGIC, TERRA, AMIRA, TANGO, FASHION TUFT, WAVES,
BARCELONA, ROSALI, HYSTERIA and FLORA
Subject has a
workforce of 100 employees.
Companies
registered in Lebanon are not legally required to make their accounts public
and no financial information was released by the company or submitted by
outside sources.
·
Bank of
Beirut Sal
Main Road
Jbeil
Kesrouane
Tel: (961-9) 546530
Fax: (961-9) 546534
No complaints
regarding subject’s payments have been reported.
During the course of
this investigation nothing detrimental was uncovered regarding subject’s
operating history or the manner in which payments are fulfilled. As such the
company is considered to be a fair trade risk.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.90 |
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UK Pound |
1 |
Rs.78.15 |
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Euro |
1 |
Rs.65.09 |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
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 |
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NB |
New Business |
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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.