Credit Rating Agency of Bangladesh Ltd. - (CRAB)

Established in 2004, Credit Rating Agency of Bangladesh Ltd. (CRAB) is one of the premier credit rating agencies in the country, licensed by the Bangladesh Securities and Exchange Commission (BSEC) and recognized by Bangladesh Bank. CRAB was promoted by several leading commercial banks, insurance companies, and other financial institutions in Bangladesh, with a technical collaboration with ICRA Limited of India (an associate of Moody's Investors Service). The company's primary mission is to provide high-quality, objective, and independent credit ratings to enhance transparency and efficiency in the Bangladeshi financial markets.