Green Delta gets AAA credit rating for 7th consecutive year
Green Delta Insurance Company has secured a "AAA" credit rating for the 7th consecutive year from the Credit Rating Agency of Bangladesh.
It is the only and the first insurance company in Bangladesh to have accomplished this feat, according to a statement.
The credit rating aims to measure the financial strength of an organisation based on assessment of a few crucial factors including corporate governance, management practices, claim payment ability, compliance etc.
The "AAA" rating is the highest an organisation can attain for its financial strength. The Green's feat therefore reflects strong corporate governance practices for maintaining such financial strength, the statement added.
"It's indeed a notable addition to our crown of glorious achievements. We would like to thank all our valued clients for choosing us and trusting us with their business," said CEO Farzanah Chowdhury.
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