Credit Rating Assessment of CRAB: An Internship Experience on The Evaluation of Agromax International

Abstract

This internship report is prepared as a requirement of the Bachelor of Business Administration (BBA) program at United International University (UIU). It summarizes my three-month internship at the Credit Rating Agency of Bangladesh Limited (CRAB), where I worked in the Rating Department from August 6 to November 6, 2025. The report highlights how academic concepts of finance, risk analysis, and corporate governance were applied in real credit-rating activities. CRAB, licensed by the Bangladesh Securities and Exchange Commission (BSEC), plays a vital role in Bangladesh’s financial system by providing independent evaluations of corporate creditworthiness. During my internship, I gained hands-on experience in financial-statement analysis, ratio calculation, data verification, and preparing rating working-paper drafts. These tasks strengthened my analytical skills and deepened my understanding of CRAB’s rating workflow. A key assignment involved contributing to the credit assessment of Agromax International. I collected two years of financial statements and calculated major financial ratios including liquidity, leverage, profitability, coverage, and working-capital indicators. Using CRAB’s internal rating model, I computed the quantitative score by standardizing ratios, applying weighted scores, and comparing Agromax’s performance with industry norms and historical trends. I then aligned these findings with qualitative factors—management strength, operational risks, and business outlook—to prepare an initial rating assessment. Overall, this internship enhanced my technical, analytical, and communication abilities and provided valuable exposure to real-world credit-rating practices, supporting my long-term goals in finance, risk management, and financial technology.