Emerging Credit Rating Limited (ECRL) has assigned A+ (Pronounced as “Single A Plus”) long term credit rating and ST-2 short term credit rating to SFIL Finance PLC. based on audited financial statements of FY2023 and other available quantitative and qualitative information up to the date of rating declaration. The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. ECRL considered financial performance, capital base, asset quality, management experience, liquidity, and the prospect of the industry while assigning the rating.