Midroog rates us higher
'Midroog' raises ICIC's rating to Aa2il:
CIC is rated Aa2 in financial strength rating by Midroog, which is partly owned by Moody's - one of the three largest credit rating agencies in the world, thanks to professional credit management, a unique and long-standing relationship with reinsurers with a solid ownership - Harel on one side and Euler Hermes on the other.
Thanks to this rating, the customer enjoys several advantages:
- Peace of mind - Insurance by a firm and stable company that can pay claims if necessary.
- Security - The confidence of expanding business activity based on professional and responsible analysis of ICIC.
- Flexibility - The possibility of using ICIC's high credit rating as a platform for financing working capital and transactions through banks and non-banking institutions, thus benefiting from flexibility in credit sources.