The money network:

The money network:

Why crowdfunding threatens traditional bank lending

The truth about Asian investment banking

April 2006

Credit ratings: Emerging in the emerging markets

by Florian Neuhof

An intimate knowledge of the market, a good track record and a favourable cost basis – what more could a credit rating agency ask for?


Credit Research Poll 2006Well, for starters, it certainly helps to have a high profile. With this in mind, four regional rating agencies operating in emerging markets – JCR-VIS Credit Rating Company, Pacific Credit Rating Company, European Rating Agency and Global Credit Rating Company – have come together to create a localized group that spans the emerging markets from Africa, eastern Europe, Latin America and Asia. The International Ratings Group (IRG) – as the tie-up is called – hopes to establish itself as a household name for ratings on the periphery of the capital markets. In fact, it aims to become market leader, expecting growth of existing members to grow their business and additional...


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