The First Saudi Credit Rating AgencyLeading the Way in Financial
Transparency and Credibility
To begin its operations in 2004 under the supervisory umbrella of the Saudi Central bank (SAMA). It offers consumer and commercial credit information.
Our Mission
To provide quality assessments, insights, and information about the marketplace to ease decision making and promote business transparency and growth.
Our Vision
Tassnief aims to be the leading rating agency in the GCC region.
Our Values
Trustworthiness, Excellence, Objectiveness, Transparency
What Value Can Tassnief Add?
Undertake and Manage Risks
Tassnief's credit rating system enables companies to manage and mitigate financial and operational risks effectively. By assessing factors like governance, financial metrics, and business sustainability, Tassnief provides a holistic view of a company's risk profile. This comprehensive evaluation helps businesses understand potential vulnerabilities and make informed decisions to safeguard their operations against financial distress or market downturns.
Elevate Strategic Thinking
Tassnief's approach incorporates a blend of scale and risk assessments that prompts companies to think strategically about their growth and stability. By evaluating technical and business capabilities alongside financial health, Tassnief encourages entities to consider long-term strategic objectives, aligning their operational practices with broader market and industry trends. This helps companies position themselves competitively and adapt to changing economic landscapes.
Identify Opportunities
Through its detailed assessment framework, Tassnief aids companies in identifying untapped opportunities within their industries. By analyzing market position, revenue sustainability, and the company’s capacity to take on large projects, Tassnief highlights areas where businesses can expand or improve. Additionally, by comparing across sectors and indicating financial flexibility, Tassnief enables companies to explore new ventures or collaborations that might have been overlooked.
Message From CEO
Emad has over 19 years of experience in the financial services industry. That includes more than 13 years in banking, concentrated in the field of corporate banking and structured finance for SMEs, midsize and large corporates in Riyadh, Saudi Arabia. During that period, he worked for SNB and Riyad Bank. He also was the Treasurer of Bahri, a leading shipping company. During his tenure in banking, he was also an authorized credit officer, a reflection of solid understanding of the market dynamics. Industries he covered included contracting, trading, services, media, real estate development, shipping, telecommunication, investment financing, manufacturing, healthcare, credit ratings and others.
Emad holds a bachelor’s degree in Finance from Prince Sultan University and a Master of science in Int’l Banking and Financial Services from the University of Reading, UK.
Leadership Team
Muhammed Al-Faraj
Chief Business Development Officer
Yazeed AlAteeq
Chief Compliance Officer
Nabil Kadasa
Chief Rating Analyst
Mohamed Al-Somali
Senior Rating Analyst
Talha Iqbal
Senior Rating Analyst
Jazib Ahmed
Senior Rating Analyst