OREANDA-NEWS. June 14, 2012. Expert RA assigned A credibility rating (high) to Fund of SME Development in Novosibirsk (guarantee coverage credibility) Forecast is “positive”.

Positive factors: low level of capital multiplier, low level of unconditional (balance) obligations. Other pluses: high level of secured obligations, acceptable capital profitability, absence of currency risk.

Negative factors: high concentration of investments on narrow group of counter-agents, high concentration of credits on largest partners. Grows of payments is moderately negative.

Expert RA Rating Agency is the first independent rating agency in Russia founded in 1997 by Expert  magazine. It is presently the largest Russian rating agency. The Agency strategic goal is to provide all-round information and analysis assistance to companies, operating on the Russian market. The Agency business is based on unique system of rating products. Expert RA family of ratings presents classic credit ratings of companies in all economic branches, regions and municipalities, as well as ratings related to different aspects of social responsibility of companies: corporate governance rating, companies' ecological liability rating. Currently Expert RA ratings have been assigned to over 350 companies (including companies from Eastern Europe, CIS and the Baltic countries) and regions (60 received the Agency credit rating).