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Validated data on Financial Service Providers’ pricing,
client protection, social and financial performance

ATLAS

MAKE THE DIFFERENCE, WE PROVE IT

MFR IS A PRIVATE AND INDEPENDENT INTERNATIONAL RATING
AGENCY SPECIALIZED IN INCLUSIVE FINANCE

Who We Are

INFORMING THE MARKET

DIVERSIFIED OFFER, MULTIPLE BENEFITS

What We Do

LISTENING TO THE MARKET

UPGRADED RATING METHODOLOGY

Rating Services
SERVICES

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FINANCIAL SERVICE PROVIDERS

FINANCIAL SERVICE PROVIDERS

INVESTORS

INVESTORS

REGULATORS

REGULATORS

OTHERS

OTHERS

0 CONDUCTED
ASSIGNMENTS
0+ VISITED
COUNTRIES
0+ PERMANENT
STAFF
0% CUSTOMERS SATISFIED
WITH THE TEAM
REPORTS

Newly Issued Ratings

INSTITUTION REPORT COUNTRY AREA GRADE LANGUAGE ISSUE DATE
CCC Ambato Credit Rating ECUADOR LAC BB+
Negative
Spanish June 2020
COAC Cooprogreso Credit Rating ECUADOR LAC AA
Stable
Spanish June 2020
COAC Andalucía Credit Rating ECUADOR LAC AA
Negative
Spanish June 2020
COAC 23 de Julio Credit Rating ECUADOR LAC AA-
Negative
Spanish June 2020
COAC Chone Credit Rating ECUADOR LAC BBB
Stable
Spanish June 2020
COAC Guaranda Credit Rating ECUADOR LAC BBB-
Stable
Spanish June 2020
COAC San Antonio Credit Rating ECUADOR LAC BBB+
Negative
Spanish June 2020
COAC Jardín Azuayo Credit Rating ECUADOR LAC AA-
Stable
Spanish June 2020
Banco CODESARROLLO Credit Rating ECUADOR LAC BBB+
Stable
Spanish June 2020
COAC San José Credit Rating ECUADOR LAC A+
Stable
Spanish June 2020
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