Sovereign credit rating will increase foreign investments - Healy

The CEO and Managing Director of Bank of Maldives, says the recently publicized sovereign credit rating will increase foreign investments in the country.

Speaking to Public Service Media, BML CEO and Managing Director Andrew Healy said publication of sovereign credit rating shows the level at which local financial institutions have progressed. He said that Maldives received a good rating considering other countries.

The credit rating for Maldives was publicized by “Moody's Investors Service”, one of the top credit rating agencies of the world. Moody’s rated Maldives as “B-2” in their index.