Credit Ratings | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.

List of Credit Rating Agencies

The 3 leading global credit rating agencies, often referred to as the Big Three credit rating agencies are:

  • Standard & Poor’s
  • Moody’s
  • Fitch Rating

These rating agencies are recognized by the Nationally Recognized Statistical Rating Organization (NRSRO) by the United States Securities and Exchange Commission.


Ads & Announcements

The 2023 Investment Day | HK & SG - Visit & Register here
Where do you invest $250k, $1 million, $10 million, $100 million or $1 billion? Can you generate IRR of 10% / 15% / 20% or more? Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 28th March 2023 in Hong Kong, 4th April 2023 in Singapore, and Virtual Investment Day in April 2023.

No. 1 Standard & Poor’s

S&P LogoKey Facts

  • Company Name: Standard & Poor’s Financial Services LLC
  • Best known as: S&P
  • Founded: 1860
  • Founders: Henry Varnum Poor & Luther Lee Blake
  • Origin: United States


Standard & Poor’s is a credit rating agency, best known for it’s S&P 500 indices – a major US stock indices.  The company issues credit ratings on debts such as government bonds and corporate bonds.


In 1860, Henry Varnum Poor first compiled a comprehensive financial & operational state of United States railroad companies.  This led to the founding of “H.V. and H.W. Poor Co.” in 1868 with his son, Henry William Poor.  In 1906, Luther Lee Blake founded the “Standard Statistics Bureau” providing financial information on non-railroad companies.

In 1941, both companies merged to become Standard and Poor’s Corp.  In 1966, the company was acquired by The McGraw-Hill Companies.

Rating Table:

Investment Grade Non-Investment Grade Short-term Issue
AAA, AA+, AA, AA-, A+, A, BBB BB, B, CCC, CC, C, R, SD, D, NR A-1, A-2, A-3, B, C, D


No. 2 Moody’s

Moodys LogoKey Facts

  • Company Name: Moody’s Investor Service
  • Best known as: Moody’s
  • Founded: 1909
  • Founders: John Moody
  • Origin: United States


Moody’s Investor Service is a credit rating agency and commonly referred as Moody’s.  The company issues credit ratings on debts such as government bonds and corporate bonds, by measuring expected investor loss in the event of default.


In 1900, John Moody founded John Moody & Company and published Moody’s Manual of Industrial and Miscellaneous Securities.  The manual was sold out in 2 months, which provided info and stats on stocks and bonds of financial institutions, government agencies, manufacturing, mining, utilities and food companies.  In the stock market crash in 1907, the business was sold due to insufficient capital

In 1909, John Moody provided investors with analysis of security values by adopting letter rating symbols.  He became the first to rate public market securities.   In 1909, the publication Moody’s Analyses of Railroad Investments outline the analytic principles to assess railroad’s operations, management and finance.

On 1st July 1914, Moody’s Investors Service was incorporated. By 1924, Moody’s ratings covered nearly 100 percent of the US Bond market.

Investment Grade Speculative Grade
Aaa, Aa1, Aa2, Aa3, A1, A2, A3, Baa1, Baa2, Baa3 Ba1, Ba2, Ba3, B1, B2, B3, Caa1, Caa2, Caa3, Ca, C


No. 3 Fitch

Fitch LogoKey Facts

  • Company Name: Fitch Ratings
  • Best known as: Fitch
  • Founded: 1914
  • Founders: John Knowles Fitch
  • Origin: United States


Fitch Ratings is a credit rating, commentaries & research company, part of Fitch Group. The company issues credit ratings on debts such as government bonds and corporate bonds.


On 24th December 1913, John Knowles Fitch founded Fitch Publishing Company in New York City.  In 1997, it merged with London-based IBCA Limited and in 2000, it acquired Duff & Phelps Credit Rating Co. and Thomson Financial BankWatch.

Investment Grade Non-Investment Grade Short-term rating
AAA, AA, A, BBB BB, B, CCC, CC, C, D, NR F1+, F1, F2, F3, B, C, D



Related Articles:


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM

Register Below
Latest 2022 data & reports, insights & news
Every Saturday & Sunday 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

For Investors | Professionals | Executives

New to Caproasia?
Join 10,000 +
Learn More | Sign Up Today

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Subscribe / Sign Up / Contact Us

    Mailing ListFree TrialSubscriptionMembershipEvents

    Professional InvestorPrivate WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights

    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014

    Web links may be disabled on mobile for security.
    Please click on desktop.

    Previous articleWhat is a Relationship Manager?
    Next articleList of Independent Financial Advisory Firms in Singapore covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia