• affiliates

    • Standard and Poor's

      Since July 1996, PEFINDO has obtained technical assistance and consultancy from Standard and Poor's (S&P).  PEFINDO’s rating process has also adopted S&P’s  methodologies. On periodical basis, our analysts and directors attended various courses and workshops organized by S&P.  

      The cooperation has also been broaden to include joint marketing efforts to potential local companies and co-organizing seminars to expand market in Indonesia. PEFINDO and S&P have been working together on PCA (Private Credit Analysis) profile, Corporate Governance Scoring and Asset-Backed Securities Rating on Indonesian companies.

      Association of Credit Rating Agencies in Asia (ACRAA)

      PEFINDO is a member of Association of Credit Rating Agencies in Asia (ACRAA), which was the expansion of ASEAN Forum of Credit Rating Agencies (AFCRA) in September 2002. Currently, ACRAA  has 19 rating agencies members from 11 Asian countries (Indonesia, Malaysia, Thailand, Philippines, India, Pakistan, Taiwan, Japan, Bangladesh, People’s Republic of China and Korea).  ACRAA’s functions and activities of ACRAA have become more strategic, not only limited to develop and improve its members’ rating quality, but it also expected to establish some standards, which could bridge cross-border investments in Asia.