Corporate News 05-Jan-17
Credit Analysis & Research intimates of closure of its Maldives branch office
With effect from 06 January 2017
Credit Analysis & Research has been operating in Maldives based on licence issued by Capital Market Development Authority (CMDA), Maldives. The current licence issued by CMDA is expiring on 05 January 2017. After a review of the past operations and future prospects in Maldives. CARE has decided not to renew its licence. This has been already notified to CMDA.
In light of the above, operations of CARE in Maldives stands closed from 06 January 2017.
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