<h1>Non-Banking Financial Company Rated A/Stable on Strong Parent Support and Robust Risk Management</h1> A non-banking financial company wholly owned by a major global financial group received an international long-term foreign currency issuer rating of 'A/Stable' from a global rating agency, two notches above the country's sovereign rating. The rating reflects the parent company's strong credit profile, full ownership, adequate capitalization supported by timely capital infusions, diversified funding, experienced leadership, and robust risk management. The company operates exclusively in the domestic market, offering a wide range of lending products to underserved retail and small business borrowers across numerous locations. This rating enhances the company's position in the evolving retail credit sector and aligns with the parent group's strategic expansion plans in Asia. The subsidiary is registered with the national financial regulator and has a significant presence through numerous branches and employees.