Rating Process
Credit rating assessments and economic-related research and publications
The diagram highlights the steps involved in MARC's Rating Process:
Step 1
Obtain Rating Mandate
Step 2
Request for Information
Step 3
In-Depth Analysis & Evaluation
Step 4
Assignment Of Rating
Step 5
Dissemination of Rating
Step 6
Surveillance & Monitoring
- MARC’s Rating Process begins with a specific rating mandate from the client. As a policy, all rating assignments are executed by a team of two or more analysts, to eliminate any personal bias.
- The rating team conducts preliminary research and collects relevant information from the client, prior to conducting management meetings with various business heads and senior management of the client.
- The rating team prepares a Credit Analysis Report and proposes a rating(s). The rating assessment which will reflect the application of MARC’s rating methodology is presented to MARC’s Rating Committee, which has the sole authority to assign ratings.
- The typical rating process takes about 6 weeks from mandate comprising 2 weeks of data gathering phase, 2 weeks for MARC to complete its internal rating process (from submission of all required information) and 2 weeks for preparation of report and factual verification by issuer.