Regulatory Alerts2009-04-29
Added · Updated
BRPD Circular No. 05: Mapping of External Credit Assessment Institutions Ratings with Bangladesh Bank Rating Grade
Scheduled banks in Bangladesh may use credit ratings from Credit Rating Information and Services Ltd. (CRISL) and Credit Rating Agency of Bangladesh Ltd. (CRAB) to calculate Risk Weighted Assets against Credit Risk under the Standardized Approach. The circular establishes a mapping table equating Bangladesh Bank Rating Grades with equivalent long-term and short-term ratings from CRISL and CRAB. Banks are authorized to apply these ratings and corresponding risk weights for Risk Based Capital Adequacy calculations.