DP Credit Rating has been widely adopted by a cross section of sectors. Lending institutions are utilising it both as a credit assessment criteria as well as an independent third-party assessment. It is currently used by regulatory agencies such as the Building and Construction Authority in Singapore as a tender criteria for government projects. Commercial institutions and SMEs subscribe to DP Credit Rating to conduct both self and secondary assessments on customers, suppliers and competitors.
Advantages
- Unique credit rating engine developed to evaluate Singapore corporations and SMEs.
- Based solely on quantitative analytics approach.
- Enhanced and developed over time to capture the changing credit and business landscapes.