Creditworthy

After loan growth, we first and foremost want to be here as a source of strength for our customers and be able to make all creditworthy loans we can make.

It may be harder for less creditworthy businesses to qualify with a bank.

The IBRD lends to governments of middle-income and creditworthy low-income countries, while the IDA provides concessionary loans – called credits – and grants to governments of the poorest countries.

These assets are generally leased to creditworthy tenants under long-term net lease agreements with contractual rent escalations.

During its last year in office, the Government will expand the scope of this fund so as to cover a greater number of creditworthy companies, as well as the debt capacity.

In particular, creditworthy firms and individual entrepreneurs will receive grants worth $500 million ($1 million) if they pledge to use that money to pay their workers’ wages, buy equipment or raw materials or pay taxes.

This is a viable alternative solution to help creditworthy firms navigate their liquidity challenges brought on by the pandemic induced economic contraction and stabilize their cash flows.

The earlier you repay loans gotten on these platforms, the higher the amount you can access and the more creditworthy you become.

They make us less creditworthy and less fiscally secure,” he said.

Although Japan is one of the most developed and creditworthy countries in the world, it is also the most indebted — more than Greece, and some analysts believe that Japan may never pay off the entire amount.

The official said since NRZ is not creditworthy, DIDG had to negotiate with the South African government and Transnet to waive creditworthiness requirements for it.

Transnet, like any other corporate entity that is creditworthy or with a credit rating, borrows from the capital markets by issuing corporate bonds or any other debt instrument to fund its expansionary or capex programmes,” the official said.