International Ratings Group International Ratings Group is an international rating agency grouping established the end of 2005, following a comprehensive study undertaken on the total global ratings industry. The study demonstrated the need for a truly international ratings group which focuses exclusively on Emerging Markets . ultimate end goal is the establishment of a single international ratings group covering all the emerging markets .Founding members and regional coverage IRG has been established with three founding partners:Global Credit Rating is the largest rating agency in Africa, accounting for over 60% of all ratings accorded on the continent. GCR’s Head Office is in South Africa with its main SADC, East, West , & Central Africa regional offices in Zimbabwe, Kenya, Nigeria & Zambia respectively, with a Francophone office being established in Senegal. Pacific Credit Rating, is a Latin American rating agency offering a complete product range of local and international credit ratings . With offices based in Bolivia, Costa Rica , Ecuador, El Salvador , Panama and Peru, and new offices currently being established in Colombia, Dominican Republic , Honduras, Guatemala and Nicaragua. PCR is the only independent regional rating agency covering the Latin American market on a regional basis. JCR-VIS Credit Rating Co . Ltd. is operating as a "Full Service" rating agency and enjoying the largest market share in Pakistan. JCR-VIS is a joint venture between Japan Credit Rating Agency , Ltd. - Japan's premier rating agency, and Vital Information Services Limited - Pakistan's only data bank and financial research organization. JCR-VIS is joint venture partner in Credit Rating Information and Services Limited located in Bangladesh and a founding shareholder in the Islamic International Rating Agency , in Bahrain. independent agencies operating in emerging markets.
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