Credit Rating Information and Services Limited
- Credit Rating Information and Services Limited
-
Credit Rating Information and Services Limited (CRISL)[1] is the first credit rating company in Bangladesh. This company was incorporated with the Registrar of Joint Stock Companies in 1992 and Credit Rating Company rules 1996 as a recognized ECAI,[2] and has been operating as the first rating company in the country since 1995.
Rating History in Bangladesh
Initially, all credit risk assessments were done internally by SEC Bangladesh (Security Exchange Commission of Bangladesh).[3] which acts as the regulatory body of the external rating institutions. This scenario has been changing slowly as dependency and trust on ECAIs grow stronger.
See also
International Ratings Group
==External links CRISL's website
References
- ^ CRISL, website "Credit Rating Information and Services Limited (CRISL)", Crisl Website, accessed April 19, 2011.
- ^ ECAI Meaning, website "ECAI Definition", ECAI Definition, accessed April 19, 2011.
- ^ SEC, website "List of ECAI in Bangladesh", SEC references, accessed April 19, 2011.
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