Group Chief Treasury Officer at VM Financial, Brian Fraser, says the group is now using the reaffirmation of its local and foreign currency credit rating by the Caribbean Information and Credit Rating Services Limited (CariCRIS) to become financially stronger.
CariCRIS recently reaffirmed the group's local currency credit rating to CariBBB+ and its foreign currency credit rating to CariBBB.
Mr. Fraser, speaking in an interview on Radio Jamaica's Real Business on Monday, said the company is expanding its operations in the Caribbean through VM Investments Limited, with more income being generated through the diaspora in other regions.
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