Taiwan Ratings

Taiwan Ratings Corporation (TRC) is a Taiwanese credit rating company. It was established on 28 May 1997 as the result of the Ministry of Finance's efforts to introduce a formal independent credit ratings organization to the domestic financial markets. A number of prominent domestic institutions, led by the Taiwan Stock Exchange, agreed to establish TRC in partnership with S&P Global Ratings (then "Standard & Poor's"). S&P Global Ratings later purchased an additional 1% share of Taiwan Ratings to become the majority shareholder in October 2005. TRC provides independent and objective assessments of the ability of banks, bills finance companies, securities firms, insurance companies, corporations, infrastructure projects and bond funds to meet their financial obligations.

Taiwan Ratings Corporation (TRC) was established on 28 May 1997 as the result of the Ministry of Finance's efforts to introduce a formal independent credit ratings organization to the domestic financial markets. A number of prominent domestic institutions, led by the Taiwan Stock Exchange, agreed to establish TRC in partnership with one of the world's leading credit rating services organizations, S&P Global Ratings (then "Standard & Poor's"). Taiwan Futures Exchange and Taiwan Certificate Authority Corp. became corporate shareholders of Taiwan Ratings in December 1999. S&P Global Ratings later purchased an additional 1% share of Taiwan Ratings to become the majority shareholder in October 2005. In October 2007, Taiwan Ratings Corporation celebrated its 10th Anniversary of providing credit rating services to Taiwan's financial markets.

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