(Nonexhaustive) list of credit rating agencies[1]including organizations and initiatives (registered/not registered by SEC, ESMA, FCA, FINMA, PBOC and other authorities) in the world (120 active and 23 inactive credit rating agencies/organizations in 47 countries). Please contact us if you know any further credit rating agency/organisation/project which is missing in this list.
Last update: 15. October 2021
For crypto rating agencies, see ‘List of Crypto Rating Agencies’
ID | Credit Rating Agency | Headquarter | SEC | ESMA | FCA | FINMA | PBOC | other authorities |
---|---|---|---|---|---|---|---|---|
1 | A.M. Best (EU) Rating Services B.V. | ![]() |
no | yes | no | no | no | --- |
2 | A.M. Best Company | ![]() |
yes | no | no | no | no | --- |
3 | A.M. Best Europe-Rating Services Ltd (AMBERS) | ![]() |
no | no | yes[2]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
4 | ACRA Europe, a.s.[3]former European Rating Agency ERA | ![]() |
no | no | no | no | no | --- |
5 | ACRA Ratings | ![]() |
no | no | no | no | no | --- |
6 | Acuité Ratings & Research, Ltd. | ![]() |
no | no | no | no | no | SEBI[4]Registered or recognized by the SEBI - Securities and Exchange Board of India, see https://www.acuite.in/downloads/SEBI-Permanent-Registration-Certificate-2.pdf and RBI[5]Registered or recognized by the RBI - Reserve Bank of India, see https://www.acuite.in/downloads/RBI-Accreditation-1.pdf |
7 | Agusto & Co. | ![]() |
no | no | no | no | no | --- |
8 | Apoyo & Asociados Internacionales S.A.C. | ![]() |
no | no | no | no | no | --- |
9 | ARC Ratings, S.A.[6]previously Companhia Portuguesa de Rating, S.A | ![]() |
no | yes | yes[7]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
10 | ASSEKURATA Assekuranz Rating-Agentur GmbH | ![]() |
no | yes | no | no | no | --- |
11 | Atradius | ![]() |
no | no | no | no | no | --- |
12 | Austin Rating Serviços Financeiros, Ltda. | ![]() |
no | no | no | no | no | CVM[8]Registered or recognized by the CVM - Brazilian Securities and Exchange Commission, see http://www.cvm.gov.br/menu/regulados/agenciasrisco/sobre.html |
13 | Axesor Risk Management SL | ![]() |
no | yes | no | no | no | --- |
14 | Bank Watch Ratings S.A. | ![]() |
no | no | no | no | no | --- |
15 | BCRA-Credit Rating Agency AD | ![]() |
no | yes | no | no | no | --- |
16 | Beyond Ratings SAS | ![]() |
no | no | no | no | no | --- |
17 | BRC Standard & Poor's[9]a S&P Global Company | ![]() |
no | no | no | no | no | --- |
18 | Calificadora de Riesgo | ![]() |
no | no | no | no | no | --- |
19 | Capital Intelligence Ratings Ltd | ![]() |
no | yes | no | no | no | --- |
20 | Capital Standards Rating (CSR) | ![]() |
no | no | no | no | no | --- |
21 | Caribbean Information & Credit Rating Services Ltd (CariCRIS) |
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no | no | no | no | no | --- |
22 | Cerved Rating Agency S.p.A.[10]previously CERVED Group S.p.A. | ![]() |
no | yes | no | no | no | --- |
23 | Chengxin International Credit Rating Co. Ltd | ![]() |
no | no | no | no | yes | --- |
24 | China Lianhe Credit Rating Co. Ltd | ![]() |
no | no | no | no | yes | --- |
25 | Clasificadora de Riesgo Humphreys Ltda. | ![]() |
no | no | no | no | no | --- |
26 | Class y Asociados S.A. | ![]() |
no | no | no | no | no | --- |
27 | Compagnie Française d'Assurance pour le Commerce Extérieur (COFACE) |
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no | no | no | no | no | --- |
28 | Credit Analysis & Research Ltd (CARE) | ![]() |
no | no | no | no | no | --- |
29 | Credit Rating Agency of Bangladesh Ltd (CRAB) | ![]() |
no | no | no | no | no | --- |
30 | Credit Rating Information and Services Ltd | ![]() |
no | no | no | no | no | --- |
31 | Credit Research Initiative (CRI)[11]part of the NUS Risk Management Institute | ![]() |
no | no | no | no | no | --- |
32 | Credit-Rating | ![]() |
no | no | no | no | no | --- |
33 | Creditreform Rating AG | ![]() |
no | yes | no | no | no | --- |
34 | CRIF Ratings S.r.l.[12]previously CRIF S.p.a. | ![]() |
no | yes | no | no | no | --- |
35 | CRISIL Ltd (a S&P Global Company) | ![]() |
no | no | no | no | no | --- |
36 | CSCI Pengyuan[13]formerly Pengyuan Credit Rating Co., Ltd. | ![]() |
no | no | no | no | yes | --- |
37 | Dagong Global Credit Rating | ![]() |
no | no | no | no | yes | --- |
38 | DBRS Morningstar[14]former Morningstar Credit Ratings, LLC | ![]() |
yes | no | no | no | no | --- |
39 | DBRS Rating GmbH | ![]() |
no | yes | no | no | no | --- |
40 | DBRS Ratings Ltd | ![]() |
yes | no | no | yes | no | --- |
41 | DBRS Ratings Ltd (UK) | ![]() |
no | no | yes[15]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
42 | Demotech Inc. | ![]() |
no | no | no | no | no | --- |
43 | Dun & Bradstreet | ![]() |
no | no | no | no | no | --- |
44 | Egan-Jones Ratings Company (EJR) | ![]() |
yes | yes | yes[16]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
45 | Emerging Credit Rating Ltd (ECRL) | ![]() |
no | no | no | no | no | --- |
46 | Euromoney Country Risk (ECR) | ![]() |
no | no | no | no | no | --- |
47 | EuroRating Sp. z o.o. | ![]() |
no | yes | no | no | no | --- |
48 | Expert RA | ![]() |
no | no | no | no | no | --- |
49 | Far East Credit Rating Co., Ltd.[17]previously Shanghai Far-East Credit Rating Co., Ltd. | ![]() |
no | no | no | no | yes | --- |
50 | Fedafin | ![]() |
no | no | no | yes | no | --- |
51 | Feller Rate Clasificadora de Riesgo | ![]() |
no | no | no | no | no | --- |
52 | Fitch Ireland Ratings Limited | ![]() |
no | yes | no | no | no | --- |
53 | Fitch Ratings | ![]() |
yes | no | no | yes | no | --- |
54 | Fitch Ratings CIS Limited | ![]() |
no | no | yes[18]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
55 | Fitch Ratings España S.A.U. | ![]() |
no | yes | no | no | no | --- |
56 | Fitch Ratings Limited | ![]() |
no | no | yes[19]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
57 | FitchBohua | ![]() |
no | no | no | no | yes | --- |
58 | GBB-Rating Gesellschaft für Bonitätsbeurteilung GmbH |
![]() |
no | yes | no | no | no | --- |
59 | Global Credit Ratings Co. | ![]() |
no | no | no | no | no | --- |
60 | Golden Credit Rating International Co., Ltd. | ![]() |
no | no | no | no | yes | --- |
61 | HR Ratings de México, S.A. de C.V. (HR Ratings) | ![]() |
yes | yes | yes[20]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
62 | ICAP S.A. | ![]() |
no | yes | no | no | no | --- |
63 | ICRA[21]a Moody's Investor Service Company | ![]() |
no | no | no | no | no | --- |
64 | Inbonis SA | ![]() |
no | yes | no | no | no | --- |
65 | INC Rating Sp. z o.o. | ![]() |
no | no | no | no | no | --- |
66 | Interfax Rating Agency (IRA) | ![]() |
no | no | no | no | no | --- |
67 | Islamic International Rating Agency, B.S.C. (IIRA) | ![]() |
no | no | no | no | no | --- |
68 | Japan Credit Rating Agency Ltd. | ![]() |
yes | yes | yes[22]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
69 | JCR Eurasia Rating (JCR-ER) | ![]() |
no | no | no | no | no | --- |
70 | Kobirate A.Ş. | ![]() |
no | no | no | no | no | --- |
71 | Korea Investors Service[23]an affiliate of Moody's Investor Service | ![]() |
no | no | no | no | no | --- |
72 | Korea Ratings Corporation | ![]() |
no | no | no | no | no | --- |
73 | Kroll Bond Rating Agency | ![]() |
yes | no | no | no | no | --- |
74 | Kroll Bond Rating Agency Europe Limited | ![]() |
no | yes | no | no | no | --- |
75 | Kroll Bond Rating Agency UK Limited | ![]() |
no | no | yes[24]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
76 | Levin and Goldstein | ![]() |
no | no | no | no | no | --- |
77 | Liberum Ratings Serviços Financeiros, Ltda. | ![]() |
no | no | no | no | no | CVM[25]Registered or recognized by the CVM - Brazilian Securities and Exchange Commission, see http://www.cvm.gov.br/menu/regulados/agenciasrisco/sobre.html |
78 | Malaysian Rating Corporation Berhad (MARC) | ![]() |
no | no | no | no | no | --- |
79 | modeFinance S.r.l. | ![]() |
no | yes | no | no | no | --- |
80 | Moody's Investors Service | ![]() |
yes | no | no | yes | no | --- |
81 | Moody’s Deutschland GmbH | ![]() |
no | yes | no | no | no | --- |
82 | Moody’s France S.A.S. | ![]() |
no | yes | no | no | no | --- |
83 | Moody’s Investors Service (Nordics) AB | ![]() |
no | yes | no | no | no | --- |
84 | Moody’s Investors Service Cyprus Ltd | ![]() |
no | yes | no | no | no | --- |
85 | Moody’s Investors Service España S.A. | ![]() |
no | yes | no | no | no | --- |
86 | Moody’s Investors Service Ltd | ![]() |
no | no | yes[26]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
87 | Moody’s Italia S.r.l. | ![]() |
no | yes | no | no | no | --- |
88 | Nordic Credit Rating AS | ![]() |
no | yes | no | no | no | --- |
89 | Pacific Credit Rating (PCR) | ![]() |
no | no | no | no | no | --- |
90 | Pakistan Credit Rating Agency, Ltd. (PACRA) | ![]() |
no | no | no | no | no | --- |
91 | Pefindo Credit Rating Agency | ![]() |
no | no | no | no | no | --- |
92 | Philippine Rating Services (PhilRatings) | ![]() |
no | no | no | no | no | --- |
93 | Qivalio SAS[27]previously Spread Research | ![]() |
no | yes | no | no | no | --- |
94 | RAM Rating Services Berhad | ![]() |
no | no | no | no | no | --- |
95 | Rapid Ratings International, Inc. (RRI) | ![]() |
no | no | no | no | no | --- |
96 | Rating and Investment Information, Inc. (R&I) | ![]() |
no | no | no | no | no | --- |
97 | Rating-Agentur Expert RA GmbH | ![]() |
no | yes | no | no | no | --- |
98 | S&P Global Ratings | ![]() |
yes | no | no | yes | no | --- |
99 | S&P Global Ratings Europe Ltd | ![]() |
no | yes | no | no | no | --- |
100 | S&P Global Ratings UK Ltd | ![]() |
no | no | yes[28]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
101 | SAHA A.Ş. | ![]() |
no | no | no | no | no | --- |
102 | Scope Hamburg GmbH[29]previously Euler Hermes Rating GmbH | ![]() |
no | yes | no | no | no | --- |
103 | Scope Ratings GmbH[30]previously Scope Ratings AG and PSR Rating GmbH | ![]() |
no | yes | no | yes | no | --- |
104 | Scope Ratings UK Ltd | ![]() |
no | no | yes[31]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
105 | Seoul Credit Rating, Inc. (SCI) | ![]() |
no | no | no | no | no | --- |
106 | Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. |
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no | no | no | no | yes | --- |
107 | Shanghai Credit Information Services Co., Ltd. (CIS) | ![]() |
no | no | no | no | yes | --- |
108 | SMERA Ratings, Ltd. | ![]() |
no | no | no | no | no | SEBI[32]Registered or recognized by the SEBI - Securities and Exchange Board of India |
109 | Sociedad Calificadora de Riesgo Centroamericana, S.A. (SCRiesgo) |
![]() |
no | no | no | no | no | --- |
110 | SR Rating Prestação de Serviços, Ltda. | ![]() |
no | no | no | no | no | CVM[33]Registered or recognized by the CVM - Brazilian Securities and Exchange Commission, see http://www.cvm.gov.br/menu/regulados/agenciasrisco/sobre.html |
111 | Taiwan Ratings[34]a S&P Global Company | ![]() |
no | no | no | no | no | --- |
112 | TCR - Turkish Credit Rating A.Ş. | ![]() |
no | no | no | no | no | --- |
113 | Thai Rating and Information Services Co., Ltd. (TRIS) | ![]() |
no | no | no | no | no | --- |
114 | The Economist Intelligence Unit Ltd | ![]() |
no | no | yes[35]See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras | no | no | '--- |
115 | TURKrating | ![]() |
no | no | no | no | no | --- |
116 | Uniratings Sagl[36]previously Universalratings - RTS Ratings Pte Ltd | ![]() |
no | no | no | no | no | --- |
117 | Veribanc, Inc. | ![]() |
no | no | no | no | no | --- |
118 | VIS Credit Rating Company Limited[37]formerly JCR-VIS Credit Rating Company - VIS | ![]() |
no | no | no | no | no | SECP and SBP[38]Securities & Exchange Commission of Pakistan and State Bank of Pakistan |
119 | Weiss Ratings, LLC | ![]() |
no | no | no | no | no | --- |
120 | Wikirating | ![]() |
no | no | no | no | no | --- |
ID | Credit Rating Agency | Headquarter | SEC | ESMA | FCA | FINMA | PBOC | other authorities |
Former Credit Rating Agencies
This list represents all former credit rating agencies[39]including organizations and initiatives which either have been acquired, merged, de-registered or closed.
ID | Credit Rating Agency | Headquarter | SEC | ESMA | FCA | FINMA | PBOC | other authorities |
---|---|---|---|---|---|---|---|---|
1 | Academic Credit Rating (ACR) | ![]() |
no | no | no | no | no | --- |
2 | Berkshire Hathaway Credit Ratings Inc. | ![]() |
no | no | no | no | no | --- |
3 | Central European Rating Agency (CERA) | ![]() |
no | no | no | no | no | --- |
4 | DG International Ratings SRL[40]previously Dagong Europe Credit Rating Srl | ![]() |
no | no | no | no | no | --- |
5 | Equilibrium Clasificadora de Riesgo Panama[41]an affiliate of Moody's Investor Service | ![]() |
no | no | no | no | no | --- |
6 | Equilibrium Clasificadora de Riesgo Peru[42]an affiliate of Moody's Investor Service | ![]() |
no | no | no | no | no | --- |
7 | Feri EuroRating Services AG | ![]() |
no | no | no | no | no | --- |
8 | Fitch Deutschland GmbH | ![]() |
no | no | no | no | no | --- |
9 | Fitch France S.A.S. | ![]() |
no | no | no | no | no | --- |
10 | Fitch Italia S.p.A. | ![]() |
no | no | no | no | no | --- |
11 | Fitch Polska S.A. | ![]() |
no | no | no | no | no | --- |
12 | International Non-Profit Credit Rating Agency (INCRA) | ![]() |
no | no | no | no | no | --- |
13 | Moody’s Investors Service EMEA Ltd | ![]() |
no | no | no | no | no | --- |
14 | Muros Ratings | ![]() |
no | no | no | no | no | --- |
15 | National Information & Credit Evaluation, Inc. (NICE) | ![]() |
no | no | no | no | no | --- |
16 | ONICRA Credit Rating Agency of India Ltd. | ![]() |
no | no | no | no | no | --- |
17 | Ontonix | ![]() |
no | no | no | no | no | --- |
18 | Public Sector Credit Solutions | ![]() |
no | no | no | no | no | --- |
19 | Realpoint, LLC | ![]() |
no | no | no | no | no | --- |
20 | RusRating | ![]() |
no | no | no | no | no | --- |
21 | S&P Global Ratings Italy S.r.l. | ![]() |
no | no | no | no | no | --- |
22 | S&P Global Ratings Italy SAS | ![]() |
no | no | no | no | no | --- |
23 | SPMW Rating Sp.z.o.o. | ![]() |
no | no | no | no | no | --- |
ID | Credit Rating Agency | Headquarter | SEC | ESMA | FCA | FINMA | PBOC | other authorities |
References[+]
↑1, ↑39 | including organizations and initiatives |
---|---|
↑2, ↑7, ↑15, ↑16, ↑18, ↑19, ↑20, ↑22, ↑24, ↑26, ↑28, ↑31, ↑35 | See https://www.fca.org.uk/markets/credit-rating-agencies/registered-certified-cras |
↑3 | former European Rating Agency ERA |
↑4 | Registered or recognized by the SEBI - Securities and Exchange Board of India, see https://www.acuite.in/downloads/SEBI-Permanent-Registration-Certificate-2.pdf |
↑5 | Registered or recognized by the RBI - Reserve Bank of India, see https://www.acuite.in/downloads/RBI-Accreditation-1.pdf |
↑6 | previously Companhia Portuguesa de Rating, S.A |
↑8, ↑25, ↑33 | Registered or recognized by the CVM - Brazilian Securities and Exchange Commission, see http://www.cvm.gov.br/menu/regulados/agenciasrisco/sobre.html |
↑9, ↑34 | a S&P Global Company |
↑10 | previously CERVED Group S.p.A. |
↑11 | part of the NUS Risk Management Institute |
↑12 | previously CRIF S.p.a. |
↑13 | formerly Pengyuan Credit Rating Co., Ltd. |
↑14 | former Morningstar Credit Ratings, LLC |
↑17 | previously Shanghai Far-East Credit Rating Co., Ltd. |
↑21 | a Moody's Investor Service Company |
↑23, ↑41, ↑42 | an affiliate of Moody's Investor Service |
↑27 | previously Spread Research |
↑29 | previously Euler Hermes Rating GmbH |
↑30 | previously Scope Ratings AG and PSR Rating GmbH |
↑32 | Registered or recognized by the SEBI - Securities and Exchange Board of India |
↑36 | previously Universalratings - RTS Ratings Pte Ltd |
↑37 | formerly JCR-VIS Credit Rating Company - VIS |
↑38 | Securities & Exchange Commission of Pakistan and State Bank of Pakistan |
↑40 | previously Dagong Europe Credit Rating Srl |