Moody’s Investors Service is one of the three major international credit ratings agencies. It has been founded by John Moody in 1900. Moody’s has offices in 22 countries worldwide and over 1000 analysts covering every industry, government level as well as structured and infrastructure finance. Moody's publishes investor-oriented credit research, including in-depth research on major debt issuers, industry studies, special comments and credit opinion handbooks. Moody’s issues ratings for more that 100 sovereign nations, 11,000 company issuers, 25,000 public finance issuers and 70,000 structured finance obligations.
The reason of obtaining such a risk ratings is:
Users of Credit Ratings are Investors (including banks and other financial institutions, institutional investors etc.), Issuers, Intermediaries and Regulators.
Moody’s Bank Ratings
Moody’s typically assigns a Bank deposit Rating and a Bank issuer Rating to a bank.
Seven Pillars of Bank Analysis
Being a strong and trustworthy financial institution requires good partnership and cooperation not only with local counterparts but also with organizations around the world. Therefore we want to make sure that our international counterparts, partners, investors and clients have the most up-to date and credible view of our bank’s creditworthiness. International rating such as from Moody’s provide this answer. The ratings would allow the bank to: