Regulatory Alerts2011-11-16
Added · Updated
Mapping of External Credit Assessment Institutions' rating scales with Bangladesh Bank rating grade
ARGUS Credit Rating Services Limited is recognized as an eligible External Credit Assessment Institution in addition to four existing agencies. Scheduled banks may nominate any recognized agency for calculating Risk Weighted Assets against credit risk under the Risk Based Capital Adequacy Guidelines. The circular specifies the mapping of ARGUS rating scales to Bangladesh Bank rating grades for both long-term and short-term ratings.