ICRA Rating

EAST AFRICA'S FIRST CREDIT RATING AGENCY

Capital Market And Securities Authority (CMSA)

Licensed by the Capital Market and Securities Authority.

Ministry of Finance Tanzania - Clearance

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 showcasing their potentiality.

Appreciated by Bank of Tanzania

Bank of Tanzania appreciates the contribution of external credit rating services in promoting access to finance in the country.

RBZ

Reserve Bank of Zimbabwe (RBZ) - Accreditation

The Reserve Bank of Zimbabwe (RBZ) has accredited International Credit Rating Agency (Private) Limited to rate banks and microfinance institutions in the country.

Licensed By The SEC of Zambia

The Ministry appreciates the agency’s efforts toward recognition and acknowledges the Ministry of Finance and National Planning and the SEC’s legal mandate to accredit financial institutions, adding vital local and international credibility.

Bank of Zambia - Clearance

The Securities and Exchange Commission (SEC) is adequate for the ICRA Rating Agency to conduct its rating activities.

Ministry of Finance and National Planning Zambia - Clearance

The Ministry appreciates the agency’s efforts toward accreditation from the MOF and National Planning. Moreover, SEC’s recognition enhances its credibility locally and internationally. The Ministry recognizes that the SEC is legally mandated to accredit financial institutions.

Bank of Uganda

Recognized By The Bank of Uganda

ICRA Credit Rating Agency Uganda, a subsidiary of ICRA Rating Tanzania, is the first credit rating agency based in Uganda and is now recognized by the Bank of Uganda for its role in supporting access to finance.

Recognition from Uganda Microfinance Regulatory Authority (UMRA)

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.

Approved By Capital Markets Authority (CMA) - Uganda

Approved credit rating agency by the Capital Markets Authority (CMA).

About Us

Empowering Dreams, Transforming Lives

ICRA RATING AGENCY LIMITED is one of the fastest-growing companies providing Credit Rating Services. With a presence across Europe, Africa, and Southeast Asia, we provide the information, tools, and expertise to help customers make a confident decision to mitigate any commercial risk. ICRA enables customers quick access to objective, customized information whenever and wherever they need it.

ICRA has an expert team with a combined experience of more than 25 years in Audit, Inspection, Financial Analysis, Credit Research, Banking, Compliance, AML, and Certification. Our ratings significantly influence corporate and financial institutions to achieve better market standing. ICRA ratings aim to help various corporations and institutions demonstrate their financial capability.

About us

Our Mission

A global leader in credit rating, audit, and credit research. ICRA’s long-term vision is to become the most credible rating agency in the finance world, responding to the needs of organizations globally.

Our Vision

An agency that serves all business categories from small and medium to large enterprises, who is customer-centric that builds relationships, enhances business profiles, and helps connect businesses globally.

ICRA SCORECARD

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.

Our Services

ICRA Rating Agency Limited offers credit rating services for issuers, portfolio rating services for investors, and a range of financial services to facilitate informed decision-making in the financial sector, helping clients manage risk and make sound investment choices.

Issuer Credit Rating

An ISSUER CREDIT RATING is an independent assessment of a corporate entity or financial institution’s creditworthiness in general terms and helps any organization build a strong credit profile. It is based on a well-structured methodology.

Portfolio Rating

A PORTFOLIO RATING is an evaluation and assessment report that focuses deeply on the actual portfolio of the banks or financial institutions. It is a thorough evaluation of existing and potential risks and the mitigation of those risks.

Investors Services

An INVESTORS SERVICE is an evaluation and assessment report which is an essential aspect of the investment process that allows investors to assess the effectiveness of their investment strategies by analyzing risk.

ESG Rating

ESG are the starting three letters from environment, social and governance.Together they are important non-financial criterions on which nowadays business are expected to do well. Also, they represent material risk to the long-term Company performance.

Bank Loan Rating

ICRA’s Bank Loan Ratings provide a comprehensive evaluation of both the creditworthiness of borrowers and the quality of specific loans issued by banks. These ratings are crucial for assessing the risk associated with lending or investing in loans, as they offer insights.

ICRA Scorecard

ICRA SCORECARD serves as a comprehensive tool for assessing the initial risk profiles of both retail 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.

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.