Credit-eligible for the 15th time: SILAG Handel AG has again demonstrated its credit-worthiness. Once again, as in previous years, the Bundesbank has awarded us the quality rating of “credit-eligible“.
This highly-regarded rating process is a generally recognised and qualified business rating that depends on an intensive scrutiny of annual statements and considers additional criteria such as current business development and comparability figures from across the sector. SILAG Handel AG was categorised as fully credit-worthy. This assessment was bestowed on only a small number of companies in North Rhine Westphalia. Because of this, amongst other things, SILAG Handel AG has been able to continue to be successful in the market despite the world economic crisis that began in 2009.
The quality rating is highly valued in questions of financing and starting new businesses, as it builds trust and offers security, two pre-conditions that are invaluable in trading. SILAG Handel AG thus sets a good example and supports the move to greater transparency in the wholesale sector.
Because of its credit rating, SILAG Handel AG can execute major projects through electronic bonds at the level of current base rates.
The following table gives an overview of indicators for the years 2010 to 2015.