Customer loyalty policy
Management of CFT Company is attentive to stable mutually profitable partnership with clients and partners recognizing, namely, the importance of a transparent financial policy of a Company to ensure partners’ trust and loyalty. Thus we find it necessary to inform our clients and partners on key principles applied to ensure a long-term financial reliability of the Company:
· The company applies conservative debt policy. CFT has never attracted and does not plan to attract any foreign debt. Debt policy confirmed by the shareholders refers to any foreign debt approved directly by shareholders and in any case the debt to EBITDA ratio (earnings before interest, taxes, depreciation and amortization) is capped at 0.5;
· CFT’s dividend policy refers to high priority placed on investments into development and ensuring the company’s sustainable business;
· CFT company is regularly audited under IFRS standards;
· Committees on strategy, audit and ethics are implemented and operate in the company.
We believe in significant market growth of financial IT services in Russia and CIS countries and we suppose that our desire to stay a reliable supplier of highly demanded products and services will help us further participate in the market evolution.