Skip to main content
ncr

About NCR

Fifteen years of independent credit opinion in Bangladesh

National Credit Ratings Limited is a full service rating company serving corporates, banks, financial institutions, insurers and small businesses — governed by a board drawn from regulation, banking, accountancy and academia.

National Credit Ratings Limited (NCR) is a full service rating company that offers a wide range of services. Incorporated as a public company, NCR started its business with a paid up capital of Tk 20.00 million.

The Securities and Exchange Commission granted the licence to NCR in June 2010 under the Credit Rating Companies Rules 1996. The company is recognised by Bangladesh Bank as an External Credit Assessment Institution (ECAI).

A rating is only as useful as the institution behind it. NCR's opinions carry weight because both apex regulators have approved the company to issue them, because every rating is produced under a published methodology, and because those methodologies are tested against our own transition and default studies.

The analyst floor at the National Credit Ratings office in Dhaka
The NCR analyst floor, Purana Paltan, Dhaka.
2010
Licensed by the Securities and Exchange Commission
ECAI
Recognised by Bangladesh Bank
Tk 20m
Paid up capital at incorporation
13
Published sector methodologies

Mission & values

What we set out to do

“To provide high quality, independent and reliable risk profile information on industrial and commercial enterprises in the domestic market using analytical competence, professionalism and integrity.”

Mission and values (PDF) →

As a business information company we value

  • Independence and impartiality of mind
  • Integrity and honesty
  • Professionalism and transparency
  • Confidentiality
  • Constructive self criticism
  • Self improvement and personal excellence
  • Accountability to all our stakeholders

Governance

Board of Directors

Twelve directors drawn from banking, regulation, accountancy, academia and industry.

Full board profiles (PDF) →

Operations

Who runs NCR day to day

The executives responsible for rating quality, compliance and operations.

  • Mr. Khair Hossain

    Chief Executive Officer — current charge

    01711-129129

  • Mr. Kishor Mitra

    Chief Rating Officer

    01897-983002

  • Mrs. Kaniz Fatema

    Manager, Compliance

    01897-983003

  • Mr. Abdur Rahim Shaikh

    Manager, Finance & Accounts

  • Engr. Dipankar Sarker

    Head of IT Operations

National Credit Ratings staff photographed with the directors at the 18th Annual General Meeting
NCR staff with the directors, 18th Annual General Meeting.
An NCR rating committee meeting, with external experts reviewing rating papers
External experts attending a rating committee meeting.

Rating committee

Two tiers before any opinion is published

The rating committee is the apex authority for giving an opinion on a rated entity or instrument.

  1. Internal rating committee

    NCR's own analysts and senior staff review the analysis before it goes further.

  2. Five-member rating committee

    Including two independent members drawn from a panel of professional and sectoral experts, who are not employees of NCR.

See the full rating process →

Our teams

The people behind the ratings

NCR's management, rating and client relationship teams. These listings are published as charts and are being re-keyed as text.

  • Chart listing the NCR management team and their positions

    Management Team

  • Chart listing the NCR rating team and their positions

    Rating Team

  • Chart listing the NCR client relationship team and their positions

    Client Relationship Team

Governance

Conduct, collaboration and disclosure

The standards NCR holds itself to, and the disclosures it publishes.

Talk to our team Work at NCR