At CariCRIS, we ensure a transparent and systematic approach to our credit rating process, providing our clients and stakeholders with clarity and confidence.
Here’s a step-by-step guide on how you can engage with us to obtain a credit rating:
Engagement:
Step 1: Discussion with the client and execution of a Rating Agreement.
Step 2: A team is assigned and introduced within three working days.
Step 3: The lead analyst coordinates with the client to gather necessary information and schedule a meeting with key management.
Preparation and Meeting:
Step 4: A list of discussion issues and a Debt Repayment Confirmation Letter are sent to the client before the meeting.
Step 5: For new ratings, client meetings focus on understanding the company’s objectives, challenges, and future plans. In surveillance cases, discussions update on previous issues, industry trends, and review management’s strategic decisions and philosophies.
Report Preparation:
Step 6: Post-meeting, the team conducts their analysis and prepares the report, which may involve further inquiries to the client.
Step 7: The report is reviewed by an independent Rating Committee, and a rating is assigned.
Finalization:
Step 8: The client receives a Rating Press Release and Rating Rationale (full report), reviews them for accuracy, and provides feedback.
Step 9: Adjustments are made if necessary, and the client signs a Rating Acceptance Letter.
Disclosure:
Step 10: Depending on the client’s choice, the rating is either made public and shared on our website, email distribution, media and social media platforms or kept private where the report is shared only with the client.
Annual Surveillance:
For public ratings (or private ratings where the client opts to continue surveillance), annual surveillance is conducted on the anniversary of the initial rating. Steps 3 onward are repeated in the annual review process.
CariCRIS is committed to maintaining high standards of transparency and reliability in credit ratings, supporting our stakeholders’ needs in a dynamic financial environment. Please feel free to reach out to us if you would like to get further information.
To begin the process, reach out via: info@caricris.com
