Economy, Business And Markets
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Rating Agencies Can Help Iranian Firms Tap Into Global Markets

Finance Desk
Capital Intelligence participated in a gathering hosted by the Center of Investment and Consultancy Services  in tehran on April 21. (Photo: Saeed Ameri)Capital Intelligence participated in a gathering hosted by the Center of Investment and Consultancy Services  in tehran on April 21. (Photo: Saeed Ameri)

Having entered a new era after the lifting of most sanctions in early 2016, Iran has aptly understood the importance of making endeavors for modernizing its financial and corporate sectors. 
One such endeavor, the lack of which has been recognized by regulators and the private sector alike, is encouraging international credit rating agencies to establish a permanent presence in Iran and help local entities compete on the regional and global scale. 
On Saturday, Capital Intelligence, a more familiar name among Iranian firms and policymakers, participated in a gathering hosted by the Center of Investment and Consultancy Services affiliated with the Tehran Chamber of Commerce, Industry, Mines and Agriculture–an entity that has been at the forefront of the business community's efforts to introduce Iran's potentials to foreigners. 

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Comments

There are only three well-known rating agencies. neither of S&P, Moodys, and Fitch are willing to work with Iran or fellow Iranian companies. We need to focus on the big three, otherwise it will be waist of time.

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