CRISL

To implement global standards of credit rating services at the ...

Overview

CRISL is the first ever joint venture rating agency operating in Bangladesh since 1995. It is a joint venture of Malaysia Berhad (RAM), JCR-VIS Credit Rating Company of Pakistan, few financial institutions and a host of celebrated professionals of Bangladesh. With a license from the Securities Exchange Commission (SEC) under Credit Rating Companies Rules 1996, CRISL now appears as the flagship organization of Bangladesh. CRISL is a founder member of the Association of Credit Rating Agencies in Asia (ACRAA) which is sponsored by the Asian Development Bank, where CRISL has significant contribution towards the development of the profession of rating agency in the Asian region. CRISL is a public limited company dedicated for credit rating and related services and is being recognized by Bangladesh Bank as the External Credit Assessment Institution (ECAI) to offer its services to the banking community for banking client rating. CRISL provides its services with high business and ethical code as approved by the International Organization of Securities Commission (IOSCO), Securities and Exchange Commission of Bangladesh and Bangladesh Bank ECAI recognition Criteria.