(i) The integrity and character of the Management is beyond reproach. No 4 fraudulent deals/transactions. No unsatisfactory feature of the unit has come to light. (ii) The management has good reputation in the market. The management 3 is reportedly reliable. There are no adverse reports on the integrity of the management or promoters. Features revealed by reports on conduct of account/stock audit/spot audit/ periodic inspection reports do not comment against the integrity of the unit. Remarks of inspectors do not indicate doubtful integrity. (iii) Rumours of adverse features but not fully substantiated and hence 2 may/may not be reckoned depending upon the seriousness of such features. (iv) Reports on conduct of account / periodic inspection & audit reports 0 comment against the integrity of the unit. The unit is a defaulter under MCIB [Botswana Credit Information Bureau]. History indicates involvement in civil/criminal suits/ questionable deals. (ii) Track Record & Conduct of Account S. Value Statement Score No. Maintains financial discipline, no irregularity in the account. The 4 (i) management is sincere and open to suggestions to bring improvement in the financial management. On a few occasions, repayment of is delayed. The management 3 (ii) tries to set things right in case of lapses. Some Group companies or associates not doing well but the management is co-operating in reviving/settling the over dues. (iii) The conduct of account is satisfactory. Repayments were delayed but 2 the account continues to be standard asset. (iv) Accounts irregular but remain standard. 1 (v) Accounts rendered frequently irregular. 0 (iii) Expertise/Managerial Competence & Commitment S. Value Statement Score No. (i) Qualified management team. Although the team may not be very 3 qualified, it has an excellent understanding of the industry. High of competence and commitment. (ii) The unit is not professionally managed but the owners have the requisite 2 competence/expertise/commitment. (iii) The management is having relatively good expertise in the line of 1 business. (iv) Ad hoc decisions indicating low expertise in responding to business 0.5 demands. Structured planning process not evident. (v) No expertise in the line of activity. No commitment /planning to overcome 0 the recurring problems on account of lack of expertise. (iv) Payment Record S. Value Statement Score No. (i) The record of meeting commitments to lenders and creditors is excellent. 2 The unit has rarely defaulted on this
(i) The integrity and character of the Management is beyond reproach. No fraudulent deals/transactions. No unsatisfactory feature of the unit has come to light. 4 (ii) The management has good reputation in the market. The management is reportedly reliable. There are no adverse reports on the integrity of the management or promoters. Features revealed by reports on conduct of account/stock audit/spot audit/ periodic inspection reports do not comment against the integrity of the unit. Remarks of inspectors do not indicate doubtful integrity. 3 (iii) Rumours of adverse features but not fully substantiated and hence may/may not be reckoned depending upon the seriousness of such features. 2 (iv) Reports on conduct of account / periodic inspection & audit reports comment against the integrity of the unit. The unit is a defaulter under MCIB [Botswana Credit Information Bureau]. History indicates involvement in civil/criminal suits/ questionable deals. 0 (ii) Track Record & Conduct of Account S. No. Value Statement Score (i) Maintains financial discipline, no irregularity in the account. The management is sincere and open to suggestions to bring improvement in the financial management. 4 (ii) On a few occasions, repayment of is delayed. The management tries to set things right in case of lapses. Some Group companies or associates not doing well but the management is co-operating in reviving/settling the over dues. 3 (iii) The conduct of account is satisfactory. Repayments were delayed but the account continues to be standard asset. 2 (iv) Accounts irregular but remain standard. 1 (v) Accounts rendered frequently irregular. 0 (iii) Expertise/Managerial Competence & Commitment S. No. Value Statement Score (i) Qualified management team. Although the team may not be very qualified, it has an excellent understanding of the industry. High of competence and commitment. 3 (ii) The unit is not professionally managed but the owners have the requisite competence/expertise/commitment. 2 (iii) The management is having relatively good expertise in the line of business. 1 (iv) Ad hoc decisions indicating low expertise in responding to business demands. Structured planning process not evident. 0.5 (v) No expertise in the line of activity. No commitment /planning to overcome the recurring problems on account of lack of expertise. 0 (iv) Payment Record S. No. Value Statement Score (i) The record of meeting commitments to lenders and creditors is excellent. The unit has rarely defaulted on this 2
Credit-Risk-Assessment-model-for-Rating-Credit-Proposal.docx