Join Us
Greetings from ICRA Rating
Date: Wed, May 8, 2024
Time: 12:00 PM – 1:30 PM EAT
Register now for free by clicking the following link:
https://zoom.us/meeting/register/tJUrceCvrj8rGdeT_pA-2fJuHwjV_-ivQtCi
Phone: +256 776142590
Email: info@icrallc.com
Website: www.icraratingtz.com
Join us and see you there!Our Achievements
SIGNED AGREEMENT WITH INTERNATIONAL CREDIT RATING AGENCY IN UAE, ICRA RATING AGENCY LIMITED TANZANIA, AND ICRA RATING AGENCY LIMITED UGANDA.
BUSINESS PARTNER AGREEMENT SIGNED WITH CREDIT INFO TANZANIA
MOU SIGNED WITH TANZANIA ASSOCIATION OF MICRO FINANCE INSTITUTIONS
PRESENTED TO 20+ BANKS PRELIMINARY ESTIMATED CREDIT RATINGS OF TANZANIA BANKS WITH TANZANIA INSTITUTE OF BANKERS
MOU SIGNED WITH TANZANIA CHAMBER OF COMMERCE INDUSTRY & AGRICULTURE
MOU SIGNED WITH THE PRIVATE SECTOR FOUNDATION OF UGANDA
EABC and ICRA Partner to Boost Members' Access to Finance and Joint Ventures
About ICRA Rating
As per the current survey, Zambia and Africa’s actual potential for corporates, financial institutions and generally for market is not properly analyzed and has incorrect market comparison which make them lose opportunity for having local and international projects, potential partnerships, financing, investors, and more.
ICRA Rating Agency Limited wants to focus and showcase on Zambia and also Africa market globally with the help of our local and international ratings which we provide for the corporates and financial institutions. As we believe that this will also help them achieve to capture more markets, networks, and build stronger relations not just locally but also internationally, this way it can help them discover and expand their market globally.
ICRA SCORECARD
ICRA SCORECARD, serves as a comprehensive tool for assessing the initial risk profiles of both retail (individual customer) and corporate clients seeking credit and borrowing services. This scoring system is designed to cater to two distinct segments such as Retail Customers and Corporate Customers
Licensed BY THE SEC OF Zambia
SECURITIES & EXCHANGE COMMISSION, ZAMBIA
ICRA Rating, the Zambia subsidiary of ICRA Rating Tanzania, is registered with and licensed by the Securities and Exchange Commission of Zambia (SEC). It is one of the fastest-growing companies providing Credit Rating Services.
RECOGNIZED BY THE BANK OF UGANDA
Central Bank of Uganda
ICRA Rating, Uganda subsidiary of ICRA Rating Tanzania is Recognized by the Bank of Uganda (Central Bank of Uganda). ICRA Rating is the first ever credit rating agency to have a base in Uganda. The Bank of Uganda has recognized the presence and importance of ICRA Rating in guiding access to finance for corporate entities and financial institutions in Uganda.
Recognition from UMRA
Uganda Microfinance Regulatory Authority
UMRA has also recognized ICRA Rating Agency Limited as a credit rating service provider to their regulated institutions. It also recommends that license holders be credit-rated by ICRA Rating Agency Limited.
MINISTRY OF FINANCE TANZANIA - CLEARANCE
MINISTRY OF FINANCE TANZANIA
The Ministry of Finance is advocating for stronger and credible financial institutions, hence concurs with the view that credit rating will add value to the financial institutions and corporates by show casing their potentiality.
Appreciated by Bank of Tanzania
BANK OF TANZANIA
Bank of Tanzania appreciates the contribution of external credit rating services in promoting access to finance in the country
Our Services
ISSUER CREDIT RATING SERVICES
What are their benefits & usages ?
- Increase your access to new Markets
- Explain your creditworthiness to Outside Parties
- Benchmark your Organization’s Strength & Weaknesses
- Enhance your corporate Transparency
- Anticipate the cost of Capital & Create strategic Alternative
- Share Information when considering a Joint-venture Partner
PORTFOLIO RATING SERVICES
What are their benefits & usages ?
1. MITIGATE THE RISK
The portfolio rating of a bank reflects its existing and potential credit risk associated with its asset portfolios, other real estate owned, and other assets, as well as off-balance sheet transactions.
2. REDUCE THE RISK OF LOSSES
Asset portfolio quality is an important determinant of risk that profoundly impacts liquidity and costs, their pronouncements can greatly affect the overall condition of a business for years to come.
3. BETTER DECISION MAKING
For banks, the primary factor affecting overall asset quality is the quality of their loan portfolio and their credit administration program.
INVESTORS SERVICES
What are their benefits & usages ?
- Help Investors make informed Decision
- Help Investors compare the risk associated with different Investments
- Help Investors understand the Level of Potential return & the Level of Potential Loss.
- Help Investors determine the Level of Risk that they are comfortable taking in their Investments.
ESG RATING
ESG is the starting three letters from environment, social, and governance. Together they are important non-financial criteria on which nowadays businesses are expected to do well. Also, they represent a material risk to the long-term company performance. ESG criteria are used by impact investors to screen potential investments. Globally and locally various initiatives like SDGs, UN-PRI, etc. are aligned with ESG.
What are their benefits & usages ?
- BETTER FIRM VALUE
- BETTER COST OF THE DEBT
- MORE BUSINESS OPPORTUNITIES
- STAKEHOLDER SATISFACTION
ICRA SCORECARD
ICRA SCORECARD serves as a comprehensive tool for assessing the initial risk profiles of both retail (individual customer) and corporate clients seeking credit and borrowing services. This scoring system is designed to cater to two distinct segments Retail Customers and Corporate Customers.
What are their benefits & usages ?
- COMPREHENSIVE RISK ASSESSMENT
- PORTFOLIO EVALUATION
- OBJECTIVE DECISION MAKING
- EFFICIENT CUSTOMER ONBOARDING
CORPORATE BOND RATINGS
It is a way to measure the creditworthiness of a corporate bond, and assign a letter grade to bonds as an indication of their credit quality. With high bond ratings, a corporation is likely to receive a lower interest rate due to lower risk it will carry. The evaluation of creditworthiness and risk associated is based on various factors including issuer’s financial health, economic dynamics and market position.
What are their benefits & usages ?
- Invaluable insights facilitates well-defined investment decisions
- Diversify portfolio with access to corporate bond ratings
- Serves as a benchmark for comparison of different corporate bond ratings
Group’s Membership & Certifications
ICRA Rating Agency Limited boasts a robust portfolio of industry memberships and certifications, underlining its commitment to upholding high standards and best practices in the financial services sector. These affiliations reinforce ICRA’s credibility and expertise in delivering trusted credit rating services to its global clientele.
Our Team Members
Our diversified group of companies is united by a commitment to excellence and innovation. With unique strengths in various industries, we work together to create lasting value and embrace new opportunities for growth and innovation.
