For the third consecutive year, CRIF Group’s European rating agencies have strengthened their position in the European credit rating market, ranking among the few rating agencies to achieve growth in 2025. According to the latest report from the European Securities and Markets Authority (ESMA), CRIF Group’s rating agencies recorded a year-on-year increase in market share, which grew by almost 20% in 2025.
While almost all major global players and local rating agencies experienced declines, CRIF Group’s rating agencies stood out as among the few bucking the trend, thanks to their innovative methodologies, regional expertise, and commitment to evaluating SMEs and mid-caps. With a strong presence in Southern Europe and Central and Eastern Europe, and growing influence across the continent, CRIF Ratings and ICAP CRIF Ratings are reinforcing their role as trusted partners for businesses and financial institutions seeking transparent, reliable credit assessments.
"Our growth reflects the confidence that the market places in our ratings and the value we deliver to companies and financial institutions navigating complex economic environments," commented Luca D’Amico, Chief Executive Officer of CRIF Ratings. "We will continue to invest in people, technology, and analytics to provide even more valuable, forward-looking credit assessments."
CRIF Ratings and ICAP CRIF Ratings remain committed to driving transparency, fostering financial stability, and supporting sustainable growth.
About CRIF Ratings:
CRIF Ratings, the rating agency of the CRIF Group, is recognized as an External Credit Assessment Institution (ECAI). This recognition was granted to the rating agency in accordance with the provisions of the European Regulation 575/2013 (Capital Requirements Regulation) and Directive 2013/36/EU of the European Parliament and of the Council. CRIF Ratings is a European rating agency that offers a wide range of services to financial institutions and companies, and develops innovative digital solutions in line with the ongoing digitalization of financial systems.
