Regulatory Alerts2013-10-31
Added · Updated
Mapping of External Credit Assessment Institutions' Rating Scales with Bangladesh Bank Rating Grade
The Bangladesh Rating Agency Limited (BDRAL) is recognized as an eligible External Credit Assessment Institution for calculating Risk Weighted Assets against credit risk or claims on Small and Medium Enterprises. Scheduled banks in Bangladesh may nominate BDRAL, in addition to seven existing agencies, to provide credit ratings for their SME clients. The document provides a specific mapping table aligning BDRAL's rating scales with Bangladesh Bank's SME rating grades, ranging from SME 1 to SME 6.
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