Scope Ratings has updated its rating report on Georgia-based Finbureau LLC, rated B with Stable Outlook.

The rating affirmation factors Finbureau's initiatives to strengthen the resilience of its debt purchase and collection activities, and the maintenance of strong profitability.

The affirmation reflects the company’s successful debt purchase and collection strategy resulting in supportive profitability metrics.

The first-time issuer rating of B reflects a successful Georgian debt purchase and collection company with strong profitability metrics in recent years.