S&P Assigns 'BBB' Credit Rating to Phoenix Financial
Phoenix Financial (TASE: PHOE) has been assigned a 'BBB' long-term credit rating by S&P Global Ratings with a stable outlook. The rating highlights the company's strong financial profile, including high liquidity, low leverage, and consistent dividend generation. The rating is two notches below its insurance subsidiary's 'A-' rating, reflecting the growing contribution of its asset management division.
Tickers: $PHOE
Topics: credit rating dividend distributions financial services M&A opportunities Phoenix Financial S&P Global Ratings