1. Why Credit Rating
CRISL Services to Investment Community
Globally ratings services are extensively utilized by the investment community such as general investors,
merchant banks, portfolio managers, asset management companies, investment bankers, stock
exchanges and also by the regulators.
General investors
Rating reports assist them to decide on investment on the basis of rating which is arrived at after due
consideration to the company fundamentals. Although ratings are not to be construed as recommendation
to buy or sell any securities and also not for speculative transactions, the ratings are mostly utilized in
view of the fact that these are impartial and professional opinions on the rating entities. CRISL web and
publications provide wide range of information on the rating entities as well as on the economic sectors
where these entities are operating.
Investment Bankers
CRISL ratings work as a guide to the investment bankers in deciding on portfolio size and mix. The above
assist the bankers to determine the risk exposure in deciding on clients portfolio size and risk.
IPO Managers
The IPO managers use the rating reports as a bench mark for their due diligence before IPO proposal is
forwarded. The bankers frequently use the rating reports before significant lending. The regulators and
stock exchanges require rating as mandatory before any direct listing with the bourses, issue of IPO at
premium and in case of issuing any bond.
Risk Managers/Bankers
Under BASEL-II regulatory framework, CRISL ratings will be required by the counterparties against its
loans/ facility exposures which will assist the counterparties having investment grade rating to assist the
banks in capital relief and ultimately assist the counterparties to enjoy effective interest rate.
How CRISL Rating Benefits Us?
A Professional Opinion
CRISL rating is a professional, best- judged and independent opinion on your organization or on your issue
based on detailed analysis and research.
CRISL analytical Team consist of high level multi faceted Financial Analysts supported by the expertise of
joint venture partner rating agencies of Malaysia and Pakistan.
CRISL opinions have proved to be of highly valuable to improve the business performance

2. Regulatory Recognition
CRISL is the oldest and first ever multinational rating agency operating in Bangladesh licensed by the
Securities and Exchange Commission of Bangladesh.
CRISL ratings are recognized by the regulators such as Securities and Exchange Commission of Bangladesh,
Bangladesh Bank, Insurance Development and Regulatory Authority, in addition to all the schedule banks
operating in the country.
CRISL is the first recognized External Credit Assessment Institute (ECAI) under Basel-II to carry out banking
client rating for capital adequacy determination of Banks.
Independent
CRISL is an independent rating agency promoted by other leading rating agencies of Asia – JCR-VIS Credit
Rating Company Ltd of Pakistan, Faysal Bank Limited of Pakistan the largest merchant bank of the country
Investment Corporation of Bangladesh and a host of celebrated professionals.
The Rating Committee of CRISL consists of professionals having no link with any business sector.
While carrying out rating, CRISL follows international and regional standard methodology, standard rating
process which are checked by independent compliance officer.
CRISL follows appropriate methodology to avoid conflict of interest at all levels of rating.
CRISL Directors are in no way related with CRISL rating.
CRISL rating Committee is independent of the CRISL Board of Directors.
Experienced Leadership and Sectoral Coverage
CRISL professional team is headed by a professional Cost and Management Accountant who is the initiator of
the concept of credit rating in Bangladesh. With about 36 years of experience in teaching, research,
consultancy in the financial and industrial arena, he has been piloting the rating profession in the since 1995.
CRISL has so far rated over 1800 entities including of Banks, Financial institutions, Insurance companies and
manufacturing and service organizations which has enriched CRISL with one of the largest industrial
databases for peer and sectoral analysis.
CRISL rating helps the Clients to excel as the client becomes able to compare its performance with its peer and
industry performances, which assists them in setting business targets in line with industry requirement.
Market Acceptance
CRISL has a significant rating coverage. CRISL ratings have time and again been proven to be accurate. Although
many clients initially at the time of rating become dissatisfied with the neutrality of CRISL’s ratings, later on the
rating proves to be precise and timely. That has created significant franchise value for CRISL rating