Riyadh – Mubasher: Moody's Investors Service on Tuesday unveiled intention to offer National Scale Ratings (NSR) in the Kingdom of Saudi Arabia.
NSRs are ordinal rankings of creditworthiness relative to other credits within a given country, which offer enhanced credit differentiation among local credits, Moody's added in a statement.
"National Scale Ratings are intended to provide greater differentiation among local credits within Saudi Arabia than is available on the global scale," Moody's managing director - regional head Europe, the Middle East and Africa (EMEA), Monica Merli, said.
Moody’s NSRs in Saudi Arabia will have the country abbreviation "sa".
"Like our Global Scale Ratings, NSRs are based on our independent, transparent and forwarding-looking methodologies, complemented by our analytical resources,” Merli added.
