University of Travnik awarded the certificate of credit worthiness
- Details
- Category: University Activities
- Published: 20 December 2018
At the conference "Creditworthiness 2018", which was held on November 28 at the Hills Hotel in Sarajevo, certificates of excellence in creditworthiness were awarded to companies in Bosnia and Herzegovina. This year's campaign and awarding of certificates to creditworthy companies was realized in cooperation with LRC and Poslovne novine, which issue certificates of creditworthiness to business entities, based on expert analysis of financial reports and other economic parameters guaranteeing with high probability the partner’s high credit rating.
It should be noted that the pronouncement of creditworthy companies was based solely on the results of the analysis of business indicators which are in accordance with internationally recognized standards and criteria. Out of 32,292 B&H companies, 14 percent (4,511) have met the criteria of creditworthiness, which is one percent more than in the previous year, while 1,720 companies maintain the continuity of creditworthiness in the last three financial years.
Creditworthiness in modern business is of great importance, and the promotion of creditworthy companies is a commitment, prestige and honor. Therefore, this category is extremely important in the business world, because to be a reliable business partner means to be professional, first-rate, competent and with outstanding human and professional values.
The University of Travnik was awarded a certificate for 2018, which confirms that the financial status and general business operations of the University of Travnik are at a high level, and which places it at the very top of creditworthy companies in B&H.