BPHA Finance PLC RSH Regulatory Assessment (8759I)

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RNS Number : 8759I

BPHA Finance PLC

16 December 2020

bpha statement on regulatory judgement

Following its annual regulatory review, the RSH has reconfirmed bpha's G1 Governance rating but regraded its Viability rating from V1 to V2.

Julian Pearce, bpha's Chief Financial Officer, said: "During a year which has seen significant disruption and economic uncertainty, we remain committed to the delivery of our corporate strategy, providing affordable, safe homes for our customers.

"Through our tight financial controls, exceptional governance, and robust approach to risk management, the regulator is assured that we will continue to support our financial strategy.

"The impact of Covid-19 and Brexit will present ongoing challenges, but we are confident, in this our 30(th) year, that we will continue to provide homes well into the future for those who need them."

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(END) Dow Jones Newswires

December 16, 2020 06:43 ET (11:43 GMT)