bpha's long-term credit rating of A+ (stable) is reaffirmed

23 October 2024

We are pleased to announce that S&P has re-affirmed bpha’s long term credit rating at A+ (stable), which recognises that against the very challenging external economic environment during the past year, bpha has maintained its core financial strength and very strong liquidity.

In the S&P report published yesterday (22 October 2024), the agency pointed to the extensive experience of management in the housing sector, the continued prudent management of the organisation, and ample flexibility within bpha’s robust financial plans around investment in both existing and new homes to meet any market challenges.

It also commented on the relatively low social and affordable rents in our operating areas, which point to affordability of homes, thereby supporting demand.

View the full report on our credit rating page.

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