The Japan Credit Rating Agency (JCR), established in 1985, is a Japanese financial services company which publishes
credit rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.
...
s to Japanese companies, local governments, and other interested parties. The company is one of the Japanese credit rating agencies which the Japanese financial service agency has approved as eligible for Japanese local banks to utilize under the
Basel II
Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. It is now extended and partially superseded by Basel III.
The Basel II Accord was publi ...
framework. Currently, the Japan Credit Rating Agency has 584 million yen in paid-in capital.
External links
*
{{Authority control
Credit rating agencies
Finance in Japan