Title: Credit-Rating Business in Pakistan: Norms & Practices
Abstract: The paper aims to present duopoly based credit-rating business in Pakistan that comprises on two companies i.e., (a) Pakistan Credit Rating Agency Limited (PACRA) and (b) Japan Credit Rating – Vital Information Services Credit Rating Co. Ltd. (JCR-VIS). This research presents comparisons between two credit rating agencies on six operational issues; (a) Services Offered; (b) Pricing Issues; (c) Rating Processes; (d) Rating Scales and (e) Strategic Issues for both companies. It provides valuable insights in understanding the local credit rating industry and selection of a particular agency for credit rating.
Publication Year: 2015
Publication Date: 2015-12-06
Language: en
Type: article
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Cited By Count: 2
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