Sovereign and public finance ratings

Sovereign

With our distinctive approach to sovereign credit assessment, we assign two types of ratings: sovereign government credit ratings and country credit environment ratings. The former rating reflects Rating-Agentur Expert RA GmbH assessment on the ability of the government to fulfill in due time its financial obligations, while the latter indicates our assessment on the level of recovery of investments in government and private debt obligations in the country, as well as the quality of the credit climate.

Regions

Our analytical models were recently revamped based on our immense experience in the CIS countries to cover regions located all over the globe. We use both quantitative and qualitative methods to understand the current and potential risks.

Corporate ratings

Banks

The Agency conducts rating assessments on the basis of three main factors: market position, financial risks and corporate governance and risk management. Moreover, ratings are adjusted for systemic risk using our Banking Sector Risk (BSR) assessment from the countries where the bank operates. Our criteria considers a combination of the latest banking industry regulations in the post-crisis world and a series of factors adjusted for the entity’s peer institutions.

Insurance companies

For insurance companies, we assign reliability ratings after judging external factors of stability and corporate governance, company financial indicators, and those applying specifically to the insurance business. Furthermore, the score is adapted for overall market risks using our Insurance Sector Risk (ISR) assessment from the countries in which the insurance company writes its premiums.

Corporates

By examining three pillars of a non-financial corporation, such as, business risk, financial risk, and corporate risk, we assign a credit rating which reflects the ability of the company to completely fulfill its financial liabilities in a timely manner. We adjust this rating for systemic risk using our Country and Industry Risk (CIR) assessment where the corporation has operations. The main users of the rating are creditors, but it is also valuable to investors and counterparties of the company.

News

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17th of November 2017

Rating-Agentur Expert RA GmbH has confirmed the credit rating of USA and prepared the Research report.

Press release USA 17.11.2017

Research report USA 17.11.2017

17th of November 2017

Rating-Agentur Expert RA GmbH has downgraded the Sovereign Government Creditworthiness (SGC) rating and confirmed the Country Credit Environment (CCE) rating of China and prepared the Research report.

Press release China 17.11.2017
Research report China 17.11.2017

1st of November 2017

Rating-Agentur Expert RA GmbH has launched a public consultation on changes in the Methodology for assigning corporate credit ratings from the 1st of November 2017 till the 1st of December 2017.

Public consultation on the Methodology for assigning corporate credit ratings

20th of October 2017

Rating-Agentur Expert RA GmbH has released a video report on the sovereign ratings review for Cyprus.

Read more

18th of October 2017

Rating-Agentur Expert RA GmbH has confirmed the bank credit rating of JSC RUSNARBANK​ and changed the rating outlook from developing to stable.

13th of October 2017

Rating-Agentur Expert RA GmbH has confirmed credit rating of Krasnodar Region and prepared the Research report

Press_release_Krasnodar_Region_13.10.2017
Research_report_Krasnodar_Region_13.10.2017

 

 

10th of October 2017

Rating-Agentur Expert RA GmbH has organized the conference on the 5th of October 2017 in Frankfurt am Main devoted to the discussion of export and investment potential of the Chuvash Region, Russian Federation.

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6th of October 2017

Rating-Agentur Expert RA GmbH has upgraded credit rating of Cyprus and prepared the Research report.

Press release Cyprus 06.10.2017
Research report Cyprus 06.10.2017