Our Global Affiliates
S&P Global Ratings maintains partnerships with rating agencies in various markets around the world. These relationships combine local market knowledge with S&P Global Ratings global resources and analytical standards to help serve local debt markets. Together with our affiliates, S&P Global Ratings aims to provide market participants with insights that support the development of local capital markets, expand access to credit, and contribute to growth in emerging economies.
Founded in 1987 as India's first credit rating agency, Crisl today includes Crisil Ratings, Crisil Intelligence, Crisil Coalition Greenwich, and Crisil Integral IQ. S&P Global Ratings has been affiliated with Crisl in various capacities since 1996.
FiinRatings is a credit rating agency licensed by the Vietnam Ministry of Finance and one of the pioneers in promoting transparency and sustainability in Vietnam’s capital markets. S&P Global Ratings has been affiliated with FiinRatings in various capacities since 2020.
As the first and largest credit rating agency in Indonesia, PEFINDO has rated more than 1,100 entities and various capital market instruments since it was established in 1993. S&P Global Ratings has been affiliated with PEFINDO in various capacities since 1996.
TRIS Rating has played an important role in the development of Thailand’s debt capital market. TRIS Rating has expanded its rating services to cover major corporate sectors and government related entities. S&P Global Ratings has been affiliated with TRIS in various capacities since 1993.