2 Apr 2011

Credit rating maintained by appliance company

5:28 am on 2 April 2011

Fisher Paykel Appliances says its finance division has maintained its double 'B' credit rating after a review by Standard Poors.

It says the credit rating agency noted Fisher Paykel Finance had a good market position, a diversified customer base, and good risk management.

It says this is a positive result given the current economic climate.