Indonesian Corporate Onshore Note Issuance to Slow in 2023

PT. Fitch Ratings Indonesia (Fitch) is a wholly-owned subsidiary of Fitch Ratings Ltd. Fitch is the only international rating agency with a local presence in Indonesia. Fitch is also able to produce both international and national rating through one process.  PT Fitch Ratings Indonesia was established in 2005, we obtained Bapepam license and Bank Indonesia’s recognition in 2006. At present, we cover 95 companies in Indonesia comprising 79 national ratings, 39 international ratings and 23 dual ratings (both national and international ratings).

Fitch strives to bring international standards of transparency in rating criteria and rating process to the local market. It includes detailed company reports with regular updates and criteria/methodology reports, sector reviews, and comments. We have the high quality analysts and analysis of international standards, a different perspective to credits (Fitch is an international firm built on local knowledge and understanding), and dedicated investor services facility.