Regulatory Alerts2012-10-29
Added · Updated
BRPD Circular No. 16: Mapping of External Credit Assessment Institutions Rating Scales with Bangladesh Bank Rating Grade
Waso Credit Rating Company (BD) Limited is recognized as an eligible External Credit Assessment Institution for calculating Risk Weighted Assets against credit risk. Scheduled banks in Bangladesh may nominate Waso, in addition to six existing agencies, for credit ratings under the Risk Based Capital Adequacy Guidelines. The circular provides the specific mapping between Waso’s long-term and short-term rating scales and Bangladesh Bank’s corresponding rating grades.
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