Credit Analysis and Research Ltd. (CARE) is the first credit rating agency recognized by the Capital Markets Development Autority (CMDA), Maldives to carry out ratings of debt instruments/facilites in Maldives CARE Maldives's Credit Rating is an opinion on the relative ability and willingness of an issuer to make timely payments on specific debt or related obligations over the life of the instrument. CARE Maldives rates rufiyaa denominated debt of Maldivian companies and Maldivian subsidiaries of multinational companies. CARE Maldives's ratings are not recommendations to buy/sell or hold any security. Click here to read more details on CMDA website.
 
CARE is a leading credit rating company headquartered in Mumbai, India, promoted by leading Banks and Financial Institutions (FIs). The three largest shareholders of CARE are IDBI Bank, Canara Bank and State Bank of India. CARE commenced its operations in October 1993 and announced its first rating in November 1993. CARE’s ratings are recognized by Government of India (GoI) and all regulatory authorities in India including Reserve Bank of India (RBI), and Securities and Exchange Board of India (SEBI).
 
 
 
 
 
CARE ASSIGNS ‘CARE MLD AA’ RATING TO THE PROPOSED BONDS ISSUE OF HOUSING DEVELOPMENT FINANCE CORPORATION PLC
CARE WITHDRAWS RATING ASSIGNED TO WORKS CORPORATION LIMITED
CARE PLACES RATINGS OF WORKS CORPORATION LIMITED ON CREDIT WATCH
CARE RATINGS ASSIGNS THE FIRST MALDIVES NATIONAL CURRENCY RATING TO WORKS CORPORATION LIMITED
CARE Ratings Maldives appoints Mr. Ali Hashim as Consultant
CARE gets a licence to operate in Maldives
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Thursday, July 28, 2011
CARE Ratings Maldives announces First Rating
Haveeru – July 28, 2011
 
 
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