In business - whatever the industry, field or sector - financial situations involve making difficult and complicated decisions in order to do business successfully. This can have a major impact not only on the present but also on the future of your company, so nothing can be left to chance. Dun & Bradstreet's certification is designed to eliminate this very problem with its certification design.
Dun & Bradstreet is an American business database, information and rating company, which has been available on the Hungarian market since 1992. The long-established company bases its certification on objective company ratings, fair market practices, financial risk assessment and countless other merits and highlights. This type of rating gives firms and businesses the opportunity to show other organisations that their company is reputable, reliable and, not least, creditworthy on the basis of financial risk.
For Hungary, the rating is based on data from several official sources. All of these are values issued by institutions such as the Ministry of Justice, the Court of Justice, the National Tax and Customs Administration and other authorities. In addition to the data from official sources, the certificate also incorporates financial information (such as balance sheets, income statements, trends, etc.) on the company in question into the aggregation and predominantly starts the evaluation itself on this basis. The rating takes strict account of the demographics of the firm or organisation - this category includes the age, activity, size, owners and their various affiliations - its payment settlements, enforcement data and other press reports that may be considered relevant.
Dun & Bradstreet's certification looks not only and exclusively at the current financial system, stability and risk rate of the company being rated, but also at the probability of insolvency or its positive opposite, the creditworthiness status, in the years to come. In this way, they can also determine the stable market stability of the organisation. The certificate, which has been rating companies internationally for decades on the basis of their reliability, can have a classification of A, AA or even AAA after a positive overall assessment, and is intended to show the degree of stability, creditworthiness and business status of companies and organisations.
The Dun & Bradstreet certification, which has been continuously benchmarked and proven in higher circles and is based on a methodology accepted and used by international experts, can be applied for by any company. We, at bim.GROUP, applied for this kind of detailed evaluation, during which we were classified as financially very stable and creditworthy - with an A rating. This rating indicates not only our current financial stability, but also that the probability of our company defaulting is extremely low. Based on this, it is safe to say that bim.GROUP will continue to be a stable player in the market. Thank you!