Standard & Poor’s announced the signing of a technical services agreement with Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. (Shanghai Brilliance), one of the leading credit rating agencies in the People’s Republic of China. The agreement will provide Standard & Poor’s and Shanghai Brilliance with a mutually beneficial platform to share respective knowledge and experience. Broad areas of cooperation include participating in training sessions, collaborating on joint research projects and sharing credit rating expertise.
Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. (SBCRIS) is one of first nationally recognized credit rating agencies in China, offering bond rating and corporate rating services. It is also a fully qualified rating agency in China, including: bond rating qualification in inter-banking market; nationwide bond rating qualification granted by National Development and Reform Commission. Source: S&P Press Release
BIIA Newsletter September Issue 2008