MIRA INFORM REPORT

 

 

Report Date :

24.08.2013

 

IDENTIFICATION DETAILS

 

Name :

LONZA AG

 

 

Registered Office :

Lonzastrasse, Visp, 3930

 

 

Country :

Switzerland

 

 

Date of Incorporation :

12.08.1897

 

 

Com. Reg. No.:

CH60030004398

 

 

Legal Form :

Limited company

 

 

Line of Business :

Manufacture of other organic basic chemicals

 

 

No. of Employees :

3200

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

Payment Behaviour :

Regular

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 – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Switzerland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

SWITZERLAND - ECONOMIC OVERVIEW

 

Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 3.0% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 1.9% in 2011 and 0.8% in 2012. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.

Source : CIA

Company name 

 

LONZA AG

 

Company Summary

 

Company Name                                   Lonza AG

Company Registration Number                        CH60030004398

Country                                                CH

Activity Code                                       201400

Activity Description                              Manufacture of other organic basic chemicals

Company Status                                  Active

Latest Turnover                                   7,100,000,300.00 (CHF)

 

 

Company Identification

 

Activities

Activity Code               201400

Activity Description      Manufacture of other organic basic chemicals

 

Basic Information

Company Name                                   Lonza AG

Registered Company Name                 Lonza AG

Company Registration Number            CH60030004398

Country                                                CH

Date of Company Registration             08/12/1897

Date of Starting Operations                 08/12/1897

Commercial Court Legal Form            Limited company

Company Status                                  Active

 

Principal Activity Code                        201400

Principal Activity Description               Manufacture of other organic basic chemicals

 

Contact Address                                   Lonzastrasse, Visp, 3930

Contact Telephone Number                 0279485111

 

Main Address

Address                                                Lonzastrasse, Visp, 3930

Country                                                CH

Telephone                                           0279485111

Email Addresses                                  contact.vi@lonza.com

Current Directors Managers

 

Name                           Dr. Stephan Kutzer

Address                        Greenland (US)

Position                       director

 

Name                           Dr. Stephane Mischler

Address                        Visp, 3930

Position                       director

 

Name                           Reinhard Räcker

Address                        Brig, 3900

Position                       director

 

Name                           Raoul Bayard

Address                        Glis, 3902

Position                       deputy director

 

Name                           Dr. Martin Clausen

Address                        Brig, 3900

Position                       deputy director

 

Name                           Paul Clausen

Address                        Arlesheim, 4144

Position                       deputy director

 

Name                           Walter Fux

Address                        Sissach, 4450

Position                       deputy director

 

Name                           Dr. Andreas Heyl

Address                        Termen, 3912

Position                       deputy director

 

Name                           Klaus Kalbermatter

Address                        Glis, 3902

Position                       deputy director

 

Name                           Kenneth John McMahon

Address                        Basel, 4000

Position                       deputy director

 

Name                           Dr. Felix Previdoli

Address                        Brig, 3900

Position                       deputy director

 

Name                           Roman Quinter

Address                        Zeiningen, 4314

Position                       deputy director

 

Name                           Stefan Stoffel

Address                        Unterbäch VS, 3944

Position                       deputy director

 

Name                           Stephan Troger

Address                        Raron, 3942

Position                       deputy director

 

Name                           Dr. Walter Brieden

Address                        Ausserberg, 3938

Position                       vice-director

 

Name                           Kurt Büchi

Address                        Liestal, 4410

Position                       vice-director

 

Name                           Dr. Jürg Burger

Address                        Baltschieder, 3937

Position                       vice-director

 

Name                           Dr. Francesco Camponovo

Address                        via Maderno, Basel, 4000

Position                       vice-director

 

Name                           Rachel Anne Corder

Address                        Therwil, 4106

Position                       vice-director

 

Name                           Carsten Däweritz

Address                        Riehen, 4125

Position                       vice-director

 

Name                           Michael Frizberg

Address                        Basel, 4000

Position                       vice-director

 

Name                           René Goy

Address                        Lampenberg, 4432

Position                       vice-director

 

Name                           Dr. Thomas Grütter

Address                        Basel, 4000

Position                       vice-director

 

Name                           Andreas Hirt

Address                        Zeiningen, 4314

Position                       vice-director

 

Name                           René Josef Imhof

Address                        Glis, 3902

Position                       vice-director

 

Name                           Sven Jorgen Jacobs

Address                        Basel, 4000

Position                       vice-director

 

Name                           Konstantina Majoros Katcheves

Address                        Ellicott City

Position                       vice-director

 

Name                           Thomas Keppler

Address                        Pratteln, 4133

Position                       vice-director

 

Name                           Dr. Max Lauwiner

Address                        Brig, 3900

Position                       vice-director

 

Name                           Arthur Frederick Merkle

Address                        Riehen, 4125

Position                       vice-director

 

Name                           Dr. Han-sPeter Meyer

Address                        Visp, 3930

Position                       vice-director

 

Name                           Dr. Stephan Rosenberger

Address                        Zofingen, 4800

Position                       vice-director

 

Name                           Dr. Tim Gunnar Schlange

Address                        Sarnen, 6060

Position                       vice-director

 

Name                           Stefan Adolf Seiter

Address                        Oberwil BL, 4104

Position                       vice-director

 

Name                           Dr. Gerhard Stucky

Address                        Brig, 3900

Position                       vice-director

 

Name                           Bernold Studer

Address                        Termen, 3912

Position                       vice-director

 

Name                           Teun van der Heide

Address                        Teteringen (NL)

Position                       vice-director

 

Name                           Brian R. Watson

Address                        Basel, 4000

Position                       vice-director

 

Name                           Dominik Werner

Address                        Allschwil, 4123

Position                       vice-director

 

Name                           Ewald Amherd

Address                        Gamsen, 3900

Position                       authorized signatory

 

Name                           Iwan Bertholjotti

Address                        Stalden VS, 3922

Position                       authorized signatory

 

Name                           Wolfgang Bircher

Address                        Büsserach, 4227

Position                       authorized signatory

 

Name                           Patrice Charcosset

Address                        Paris (FR)

Position                       authorized signatory

 

Name                           Rolf Eberhard

Address                        Unterengstringen, 8103

Position                       authorized signatory

 

Name                           Hans-Peter Eyer

Address                        Brig, 3900

Position                       authorized signatory

 

Name                           Ernst Hutter

Address                        Naters, 3904

Position                       authorized signatory

 

Name                           Georg Seiter

Address                        Weil am Rhein (DE)

Position                       authorized signatory

 

Name                           Janet White

Address                        Basel, 4000

Position                       authorized signatory

 

Name                           Christoph Patricks Ziegler

Address                        Basel, 4000

Position                       authorized signatory

 

Name                           Claudio Abächerli

Address                        Visp, 3930

Position                       authorized officer

 

Name                           Elias Alonso

Address                        Aesch BL, 4147

Position                       authorized officer

 

Name                           Pirmin Amherd

Address                        Brig, 3900

Position                       authorized officer

 

Name               Brigitte Ankli

Address            Kaiseraugst, 4303

Position           authorized officer

 

Name               Dr. Bernard Balmer

Address            Sion, 1950

Position           authorized officer

 

Name               Hendrik Barendregt

Address            Ried-Brig, 3911

Position           authorized officer

 

Name               Markus Barmettler

Address            Ried-Brig, 3911

Position           authorized officer

 

Name               Dr. Max Baumgartner

Address            Basel, 4000

Position           authorized officer

 

Name               Dr. Christoph Becker

Address            Münchenstein, 4142

Position           authorized officer

 

Name               Roberto Bernasconi

Address            Birgisch, 3903

Position           authorized officer

 

Name               Dr. Christine Bernegger

Address            Münster VS, 3985

Position           authorized officer

 

Name               Dr. René Blum

Address            Rheinfelden, 4310

Position           authorized officer

 

Name               Dr. Kerstin Bodmann

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Michael Bokel

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Daniel Bourgin

Address            Liestal, 4410

Position           authorized officer

 

Name               Dr. Andreas Brunner

Address            Brig, 3900

Position           authorized officer

 

Name               Erwin Brunner

Address            Unterbäch VS, 3944

Position           authorized officer

 

Name               Dr. Giuseppe Canepa

Address            Basel, 4000

Position           authorized officer

 

Name               Attilio Capelli

Address            Naters, 3904

Position           authorized officer

 

Name               Urban Chastonay

Address            Termen, 3912

Position           authorized officer

 

Name               Tomasz Cieslewski

Address            Visp, 3930

Position           authorized officer

 

Name               Diego Dami

Address            Visp, 3930

Position           authorized officer

 

Name               Viktor Dick

Address            Basel, 4000

Position           authorized officer

 

Name               David Alan Doles

Address            Westfield

Position           authorized officer

 

Name               Dr. Laurent Ducry

Address            Sierre, 3960

Position           authorized officer

 

Name               Niklas Alexander Ebner

Address            Brig, 3900

Position           authorized officer

 

Name               Michael Erismann

Address            Basel, 4000

Position           authorized officer

 

Name               Wolfgang Fallert

Address            Bitsch, 3982

Position           authorized officer

 

Name               Eric Fischer

Address            Visp, 3930

Position           authorized officer

 

Name               Sven Frie

Address            Bramois, 1967

Position           authorized officer

 

Name               Joachim Fritschi

Address            Lörrach (DE)

Position           authorized officer

 

Name               André Fux

Address            Brig, 3900

Position           authorized officer

 

Name               Fabris Gachot

Address            Attenschwiller

Position           authorized officer

 

Name               Giovanni Gallo

Address            Ried-Brig, 3911

Position           uthorized officer

 

Name               Alain Pascal Gamboni

Address            Bottmingen, 4103

Position           authorized officer

 

Name               Julien Gander

Address            Zurich, 8000

Position           authorized officer

 

Name               Paul Gass

Address            Sissach, 4450

Position           authorized officer

 

Name               Dr. Detlef Gerritzen

Address            Zeneggen, 3934

Position           authorized officer

 

Name               Rainer Glöckler

Address            Visperterminen, 3932

Position           authorized officer

 

Name               Dr. Bernd Graef

Address            Grenzach-Wyhlen (DE)

Position           authorized officer

 

Name               Bertrand Grosheny

Address            Brinckheim (FR)

Position           authorized officer

 

Name               Dr. Matthias Christian Walter Grüninger

Address            Münchenstein, 4142

Position           authorized officer

 

Name               Dr. Achim Gsponer

Address            Brig, 3900

Position           authorized officer

 

Name               Manuela Gsponer

Address            Brig, 3900

Position           authorized officer

 

Name               Stefan Gsponer

Address            Visp, 3930

Position           authorized officer

 

Name               Dr. Allison Clare Haitz

Address            Schliengen-Liel

Position           authorized officer

 

Name               Dr. Stephan Markus Haitz

Address            Schliengen-Liel

Position           authorized officer

 

Name               Paul Hanselmann

Address            Brig, 3900

Position           authorized officer

 

Name               Margaret Hartman

Address            Muttenz, 4132

Position           authorized officer

 

Name               Achim Heger

Address            Bramois, 1967

Position           authorized officer

 

Name               Georg Heinzen

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Michael Helwig

Address            Breisach-Oberrimsingen (DE)

Position           authorized officer

 

Name               Helene Hering

Address            Basel, 4000

Position           authorized officer

 

Name               Leander Hertli

Address            Visp, 3930

Position           authorized officer

 

Name               Lan Ying Ho

Address            Basel, 4000

Position           authorized officer

 

Name               Dr. Günter Hochstadt

Address            Müllheim (DE)

Position           authorized officer

 

Name               Thierry Hofer

Address            Baltschieder, 3937

Position           authorized officer

 

Name               Peter Holbein

Address            Riehen, 4125

Position           authorized officer

 

Name               Dr. Gerhard Holze

Address            Naters, 3904

Position           authorized officer

 

Name               Roger Holzer

Address            Visp, 3930

Position           authorized officer

 

Name               Christoph Honegger

Address            Basel, 4000

Position           authorized officer

 

Name               Thomas Hsu

Address            Village-Neuf

Position           authorized officer

 

Name               David Hunziker

Address            Büsserach, 4227

Position           authorized officer

 

Name               Hermann Hutter

Address            Lalden, 3931

Position           authorized officer

 

Name               Dominik Imboden

Address            Staldenried, 3933

Position           authorized officer

 

Name               Andreas Imstepf

Address            Zeneggen, 3934

Position           authorized officer

 

Name               Maurits D. Janssen

Address            Therwil, 4106

Position           authorized officer

 

Name               Jean-Claude Jeiziner

Address            Grächen, 3925

Position           authorized officer

 

Name               Gilles Jequier

Address            Riehen, 4125

Position           authorized officer

 

Name               Horst Johner

Address            Steg VS, 3940

Position           authorized officer

 

Name               Dr. Robert Johnson

Address            Rheinfelden

Position           authorized officer

 

Name               Anton Kalbermatten

Address            Brig, 3900

Position           authorized officer

 

Name               Richard Kalbermatter

Address            Niedergesteln, 3942

Position           authorized officer

 

Name               Ioannis Karanatsios

Address            Visp, 3930

Position           authorized officer

 

Name               Fredy Karlen

Address            Niedergesteln, 3942

Position           authorized officer

 

Name               Dr. Ulrich Keuth

Address            Naters, 3904

Position           authorized officer

 

Name               Dr. Thomas Kiy

Address            Lörrach (DE)

Position           authorized officer

 

Name               Karin Kolberg

Address            Binningen, 4102

Position           authorized officer

 

Name               Martin Kummer

Address            Ried-Mörel, 3986

Position           authorized officer

 

Name               Niklaus Künzle

Address            Ausserberg, 3938

Position           authorized officer

 

Name               Silvia Lange

Address            Küssnacht am Rigi, 6403

Position           authorized officer

 

Name               Dr. Holger Lehnen

Address            Visp, 3930

Position           authorized officer

 

Name               Dr. James Leresche

Address            Genève, 1200

Position           authorized officer

 

Name               Armin Lochmatter

Address            Gelterkinden, 4460

Position           authorized officer

 

Name               Guido Lularevic

Address            Greenland

Position           authorized officer

 

Name               Dr. Karin Maag

Address            Feldbach (FR)

Position           authorized officer

 

Name               Curzio Marconi

Address            Frenkendorf, 4402

Position           authorized officer

 

Name               Beat Marner

Address            Visperterminen, 3932

Position           authorized officer

 

Name               Dr. Michael Maskus

Address            Brugg AG, 5200

Position           authorized officer

 

Name               Yvo Mathieu

Address            Ried-Brig, 3911

Position           authorized officer

 

Name               Simone Matter

Address            Hofstetten SO, 4114

Position           authorized officer

 

Name               Roger Mazotti

Address            Visp, 3930

Position           authorized officer

 

Name               Christoph Michlig

Address            Termerstrasse 21, Rie-dBrig, 3911

Position           authorized officer

 

Name               Daniel Mika

Address            Termen, 3912

Position           authorized officer

 

Name               Michèle Moser

Address            Aesch BL, 4147

Position           authorized officer

 

Name               Bruno Müller

Address            Lalden, 3931

Position           authorized officer

 

Name               Marc Müller

Address            Basel, 4000

Position           authorized officer

 

Name               Roger Näfen

Address            Ried-Brig, 3911

Position           authorized officer

 

Name               Dr. Stefan Nahrgang

Address            Sion, 1950

Position           authorized officer

 

Name               Kishore Nedungadi

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Roman Neumüller

Address            Termen, 3912

Position           authorized officer

 

Name               Dr. Werner Josef Obexer

Address            Flamatt, 3175

Position           authorized officer

 

Name               Dr. Andreas Oeggerli

Address            Oberwil BL, 4104

Position           authorized officer

 

Name               Dirk Oehlers

Address            Möhlin, 4313

Position           authorized officer

 

Name               Rabea Oswald

Address            Schopfheim

Position           authorized officer

 

Name               Lothar Ott

Address            Visp, 3930

Position           authorized officer

 

Name               Kilian Pfammatter

Address            Baltschieder, 3937

Position           authorized officer

 

Name               Dr. Daniel Quarroz

Address            Baltschieder, 3937

Position           authorized officer

 

Name               Guy Raboud

Address            Niedergesteln, 3942

Position           authorized officer

 

Name               Reto Renggli

Address            Arlesheim, 4144

Position           authorized officer

 

Name               Dr. Norbert Riegler

Address            Lörrach (DE)

Position           authorized officer

 

Name               Reinhard Ritler

Address            Blatten (Lötschen), 3919

Position           authorized officer

 

Name               Gérard Romeder

Address            St-Louis (FR)

Position           authorized officer

 

Name               Marcel Rosenast

Address            Dättwil AG, 5405

Position           authorized officer

 

Name               Conrad Roten

Address            Termen, 3912

Position           authorized officer

 

Name               Bruno Ruppen

Address            Visp, 3930

Position           authorized officer

 

Name               Christoph Ruppen

Address            Visp, 3930

Position           authorized officer

 

Name               Dr. David Ruppen

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Peter Ruppen

Address            Visp, 3930

Position           authorized officer

 

Name               Dr. Matthias Rüsing

Address            Birsfelden, 4127

Position           authorized officer

 

Name               Martin Salzmann

Address            Ried-Mörel, 3986

Position           authorized officer

 

Name               Mario Sandoval

Address            Bessines (FR)

Position           authorized officer

 

Name               Ines Savini Frei

Address            Basel, 4000

Position           authorized officer

 

Name               Matthias Schaub

Address            Basel, 4000

Position           authorized officer

 

Name               Diego Schmidhalter

Address            Brig, 3900

Position           authorized officer

 

Name               Patricia Claudia Schmidli

Address            Seewen SO, 4206

Position           authorized officer

 

Name               Dr. Torsten Schmidt

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Henriette Schneider

Address            Zurich, 8000

Position           authorized officer

 

Name               Astrid Maria Schnidrig

Address            Holzkirchen

Position           authorized officer

 

Name               Mario Schnyder

Address            Bratsch, 3957

Position           authorized officer

 

Name               Remo Schnyder

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Rudolf Scholtz

Address            Zug, 6300

Position           authorized officer

 

Name               Dr. Theodor Schroeder

Address            Ettingen, 4107

Position           authorized officer

 

Name               Dr. Josef Schröer

Address            Muttenz, 4132

Position           authorized officer

 

Name               Pascale Schuller

Address            Huningue

Position           authorized officer

 

Name               Urs Seematter

Address            Stalden VS, 3922

Position           authorized officer

 

Name               David William Smith

Address            Ijamsville

Position           authorized officer

 

Name               Jörg Solèr

Address            Visp, 3930

Position           authorized officer

 

Name               Dr. Bernd Stefer

Address            Freiburg

Position           authorized officer

 

Name               Beat Steinmann

Address            Ried-Brig, 3911

Position           authorized officer

 

Name               René Stoffel

Address            Visperterminen, 3932

Position           authorized officer

 

Name               Franz Stucky

Address            Lalden, 3931

Position           authorized officer

 

Name               Stefan Stucky

Address            Bitsch, 3982

Position           authorized officer

 

Name               Jens Thieme

Address            Naters, 3904

Position           authorized officer

 

Name               Bertrand Thinus

Address            Brunstatt (FR)

Position           authorized officer

 

Name               Urs Tschopp

Address            Muttenz, 4132

Position           authorized officer

 

Name               Wouter van den Broek

Address            Therwil, 4106

Position           authorized officer

 

Name               Ignaz Venetz

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Robert Voeffray

Address            Basel, 4000

Position           authorized officer

 

Name               Jan Volz

Address            Brig, 3900

Position           authorized officer

 

Name               Reinhard Von Rauch

Address            Baltschieder, 3937

Position           authorized officer

 

Name               Michael Wagner

Address            Wittlingen

Position           authorized officer

 

Name               Dr. Tom Walisch

Address            Raron, 3942

Position           authorized officer

 

Name               Dr. Joachim Weber

Address            Reinach BL, 4153

Position           authorized officer

 

Name               Dr. Dominik Wegmann

Address            Brig, 3900

Position           authorized officer

 

Name               Jens Westedt

Address            Kleinlützel, 4245

Position           authorized officer

 

Name               Willi Williner

Address            Baltschieder, 3937

Position           authorized officer

 

Name               Martin Witschard

Address            Stalden VS, 3922

Position           authorized officer

 

Name               Felix Bernhard Wyss

Address            Liestal, 4410

Position           authorized officer

 

Name               Dr. Uwe Zacher

Address            Brig, 3900

Position           authorized officer

Name               Dr. Tiziano Zaupa

Address            Visp, 3930

Position           authorized officer

 

Name               Thomas Zehnder

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Reto Zenhäusern

Address            Visp, 3930

Position           authorized officer

 

Name               Peter Zenk

Address            Naters, 3904

Position           authorized officer

 

Name               Alfred Zenklusen

Address            Brig, 3900

Position           authorized officer

 

Name               Dr. Bertino Zimmermann

Address            Brig, 3900

Position           authorized officer

 

Name               Martin Zurbriggen

Address            Ried-Brig, 3911

Position           authorized officer

 

Name               Richard Ridinger

Address            Monheim am Rhein

Position           president of the board of directors

 

Name               Markus Funk

Address            Feusisberg, 8835

Position           member

 

Name               Dr. Toralf Haag

Address            Biel-Benken BL, 4105

Position           member

 

Share Capital Structure

 

Nominal Share Capital            60.00 (CHF)

Name                                       Lonza Group AG

Share Percent                                     100.00 %

 

Affiliated Companies

Affiliate Name              Agroline AG

Affiliate ID

Country

 

Affiliate Name              DEVIWA AG

Affiliate ID

Country

 

Employee Information

Year

Number of Employees 3200

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.69

UK Pound

1

Rs.100.79

Euro

1

Rs.86.30

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.