Corporate News     04-Feb-08
ICRA's subsidiary signs MOU with Dun & Bradstreet, Philippines
To jointly offer advisory / consulting services in Philippines
ICRA has announced that ICRA Management Consulting Services (IMaCS), a wholly—owned subsidiary of the company and Dun & Bradstreet Philippines, Inc. (DBP) have signed MoU under which IMaCS and DBP will jointly offer advisory / consulting services in the Philippines.

DBP is a partnership between Dun and Bradstreet, Inc., a New York Stock Exchange (NYSE)-listed company, and Filipino stock holders. DBP is currently engaged in providing information and insights on businesses and individuals, including financial analysis and due diligence reports. DBP has developed technical and managerial know-how and expertise for providing research and information services in the Philippines.

IMaCS, a wholly-owned subsidiary of ICRA, is a multi-line management consulting company with experience of having worked in over 30 countries around the globe. IMaCS offers strategy consulting, risk analytics, process consulting, development consulting, and transaction advisory services in several verticals such as banking & finance, energy, transportation, Government, manufacturing and services.

The MoU between IMaCS and DBP enables both parties to pool their expertise and jointly offer advisory / consulting services in the Philippines to banks, corporates, government organisations, investors, and multi-lateral agencies. DBP and IMaCS bring complementary strengths to the relationship, with DBP having in-depth knowledge of the Philippines, and IMaCS considerable knowledge of multiple domains and practice areas.

The company made this announcement during the trading hours today, 04 February 2008.

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