July 05, 2019 | Cbonds
Caribbean Information and Credit Rating Services (CariCRIS) is the Caribbean’s leading credit rating agency, with shareholding by regional Central Banks, several major regional commercial and development banks, and CRISIL, an associate company of the globally-recognized rating agency Standard & Poor’s.
CariCRIS’ credit ratings represent an independent and objective assessment of the rated entity’s creditworthiness, relative to other rated entities in the region, and reflect our intimate on-the-ground understanding of risks that are unique to the Caribbean. CariCRIS has rated close to 200 entities since inception, and provides ongoing annual rating reviews for more than 40 issuers from corporate, financial, public sectors and more than 30 bonds from the Caribbean region. A CariCRIS regional scale rating compares an entity’s creditworthiness to all debt-issuers in a defined Caribbean region. The firm also offers a national scale credit rating for some jurisdictions in the region, where the comparison set is all debt-issuing entities in the financial markets of a single nation.
CariCRIS’ credit ratings are available to subscribers of our website and to the clients of Cbonds informational services.
CariCRIS was established in Port of Spain, Trinidad and Tobago in 2004. The CariCRIS initiative was driven by the realization that a local credit rating agency in the region would facilitate the development of the Caribbean capital markets and help bridge the large gap that existed in terms of investor information needs and available sources of publicly available information and analysis. Since releasing its first rating in Trinidad and Tobago in April 2005, CariCRIS has completed ratings in over 17 countries across the Caribbean. Our portfolio of ratings comprises a broad and diverse range of entities and structures including sovereigns, corporates, small and medium sized enterprises (SMEs), bonds, preference shares and structured products.
|Full company name||Carribean Information & Credit Rating Services Limited|
|Country of risk||Trinidad and Tobago|
|Country of registration||Trinidad and Tobago|