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FILO
(redirected from FIL)

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.
FILO - stack


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This certifies that FIL has been audited and has met or exceeded all of the international standards for accreditation.
The rating also reflects the operational challenges facing FIL in the subprime market, including the potential sale of the servicing operations, uncertainties regarding the company's ability to sustain portfolio growth since exiting the residential lending business in March 2007, increasing delinquencies, and higher cost of servicing defaulted loans.
Fitch believes that FIL's financial flexibility is constrained by the C&D as it requires FIL to maintain Tier I capital of at least 14% and places some restrictions on the company's commercial real estate lending business.
 
 
 
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