Duff enters Indonesia

Tue, 13 Jan 1998 | Source: REUTERS

HONG KONG (Reuters): U.S. rating agency Duff and Phelps Credit Rating Co. (DCR) said yesterday that it had formed a joint venture with PT Kasnic Indotama to rate Indonesian entities.

The partnership was recently approved by regulatory authorities in Indonesia, DCR said.

It said the venture is expected to start rating issues in the first quarter of 1998.

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