DUPI’s parent company SMABTP receives A+ rating from Fitch
DUPI’s parent company SMABTP receives A+ rating from Fitch
As a recent member of the SMABTP family, we at DUPI are delighted to report excellent news: our parent company has once again received Fitch’s coveted A+ rating with a stable outlook.
The rating reflects what we have experienced first-hand – SMABTP’s approach to growth and expansion. As one of their strategic acquisitions, we are part of the Group’s successful efforts to diversify their business and expand their international presence.
SMABTP combines ambitious growth with careful risk management. Last year, for example, it reduced its risk assets from 90% at the end of 2022 to 74% at the end of 2023. This shows that SMABTP knows how to balance opportunities with stability.
For us at DUPI and our clients, being part of a group with such strong financial backing and strategic insight means we can focus on what we do best: serving our clients with confidence while enjoying doing business, knowing we have rock-solid support behind us.
Read the full article on Fitch’s website here.