IBAC
International Banking Credit Analysis Ltd (IBCA) was a leading European credit rating agency with offices in London, New York, Tokyo, Singapore, Hong Kong, Argentina, Brazil, South Africa, and Australia. IBCA produced and sold credit reports on more than 400 financial institutions worldwide and 100 corporations in Europe (Gaik Eng, 1999). It had 1500 subscribers and also received rating fees from institutions issuing commercial papers such as bonds. In the 1990s, two agencies, Standard & Poor's and Moody's dominated the international ratings industry. Both these agencies had a much wider scope of coverage than IBCA, which focused mainly on financial institutions, insurance companies, corporations and sovereign countries. In this case analysis, IBCA faces some international barriers. First of all, their industry is highly competitive, with both local rating agencies, as well as foreign agencies, which in turn challenge their strategies for global expansion. To correspond with their challenges with global expansion, are the issues they face in their long-term prospects. These two issues actually harmonize with one another. Even with the highly competitive market, some developing industrial countries ( i.e
Some topics in this essay:
Latin American, Moody’s S&P, Latin America, Duff Phelps, Thomson BankWatch, Five Forces, America Asian, IBCA Issue, Southeast Asia, Gaik Eng, credit rating, latin american, asian market, rating industry, credit rating industry, latin american market, american market, rating agencies, latin america, growth potential, bargaining power, rating agency, credit rating agency, gaik eng 1999, latin america asian,
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Approximate Word count = 2065
Approximate Pages = 8 (250 words per page double spaced)
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