Topic: List of Credit Rating Agencies in Bangladesh | What is Credit Rating | Credit Risk Assessment
What is Credit Rating?
- Assessment of the Creditworthiness of a Borrower (Individual, Corporation etc.).
- A credit rating tells if a borrower (Individual, Corporation) can repay a loan on time. A borrower having a good credit rating implies that the borrower can repay the loans on time.
- A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.
What is Credit Rating Agency?
A credit rating agency is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default.
Credit Rating Agencies in Bangladesh
1. Alpha Credit Rating Limited
2. ARGUS Credit Rating Services Ltd
3. Credit Rating Agency of Bangladesh Ltd
4. Credit Rating Information and Services Ltd
5. Emerging Credit Rating Ltd
6. National Credit Ratings Ltd
7. The Bangladesh Rating Agency Limited
8. WASO Credit Rating Company (BD) Limited
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