Abstract:
This paper focuses briefly on the rating activities as well as the quality of ratings as adopted by the credit
rating companies based in Bangladesh. Although there are 08 rating companies currently operating in
Bangladesh, this study reveals that nearly 70% of the total rating services offered by the companies as of
December, 2012, were concentrated only to Credit Rating Information and Service Limited and Credit Rating
Agency of Bangladesh Limited. Apart from some other challenges like clients’ undue bargaining andunusual
number of issued ratings, the quality of ratings is reportedly satisfactory with high retention of investment grade
ratings . In conclusion, the paper offers some significant implications based on findings.
