PALM Côte d'Ivoire, a company specializing in the manufacture and marketing of crude palm oil, has been rated by the Bloomfield Investment Corporation rating. The agency confirmed the long-term rating “A with a positive outlook”.

Bloomfield has just confirmed the rating it gave it a year earlier. The rating agency also confirmed the short-term rating “A1 with a stable outlook”. This new one-year rating runs from June 2021 to May 2022. Over the long term, Bloomfield justifies the rating by “high credit quality”. According to agency officials, the protective factors are good. However, they point out, the risk factors are more variable and more important in times of economic pressure. In the short term, the certainty of timely repayment qualified as "very high" was the basis of the rating. "The liquidity factors are excellent and supported by good protection factors of the essential elements", underline the leaders of the rating agency. Regarding Palm's risk factors, Bloomfield deemed them "minor". However Bloomfield has listed the main factors of credit quality fragility. This is a cyclical decline in the production of palm regimes and palm oil, a financial system backed by the mechanism for securing village palm regimes and a relatively fragile socio-political environment.