Four international rating agencies

The four major international rating agencies are Swiss Standard Technical Service Company, American Safety Testing Laboratory Company, British Standards Association and TUV Rheinland Group.

1, Swiss standard technical service company

SGS Group, the world's leading inspection, appraisal, testing and certification institution, established a joint venture with China Standard Technology Development Company, a subsidiary of the former State Bureau of Quality and Technical Supervision, on 199 1.

2. American Safety Testing Laboratory Company

Founded in 1894, it is an independent standard setting, product testing and certification institution.

3. British Standards Institute

Founded in 190 1, it was then called British Engineering Standards Committee. With the development of 100 years, it has become a world-renowned international standard service provider, integrating five complementary businesses: standard research and development, standard technical information provision, product testing, system certification and commodity inspection service, and providing services to the whole world.

4. TUV Rheinland Group of Germany

Since the establishment of 1872, we have been committed to developing safe and sustainable solutions to meet the challenges brought by the interaction among human beings, the environment and science and technology.

The role of rating agencies:

1. credit evaluation: rating agencies help investors judge the credit risk of borrowers through credit evaluation of enterprises and governments, so as to make investment decisions.

2. Risk disclosure: Rating agencies help investors understand the credit risk of borrowers by publishing rating results, thus reducing investment risks.

3. Capital market pricing: Rating agencies affect the issuance and transaction prices of bonds through rating results, thus affecting the pricing of capital markets.

4. Capital allocation: Rating agencies help investors rationally allocate capital by providing credit evaluation services, thus optimizing their investment portfolios.

5. Investment decision reference: The rating results provided by rating agencies can provide reference for investors' investment decisions and help them make more informed investment choices.

6. Financial market supervision: The rating results of rating agencies on financial institutions can help the regulatory authorities understand the risk status of financial institutions and take corresponding regulatory measures.

7. Transparency of financial markets: Rating agencies improve the transparency of financial markets and help investors better understand market dynamics by publishing rating results.

Reference to the above content: Baidu Encyclopedia-Tongbiao Standard Technical Service Co., Ltd.