OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed City Development Agency guarantee coverage reliability rating A+, which means “Very high reliability of the guarantee coverage". The rating outlook is stable, which means the likelihood of rating stability is high.

Positive influence on the rating is exerted by the low level of the capital multiple, acceptable level of return on equity and low level of absolute (book) obligations.

Rating level is restrained by high concentration of guarantees issued with regard to major partners and low level of end-use borrowers' guarantees diversification.

Expert RA was evaluated and certified as satisfying to ISO 9001:2008 demands in the following areas: assigning and actualizing expert assessments; analysis of markets and companies, survey activity; organization of business-forums, conferences and round tables. Rating methods were approved by leading international audit-consultation companies: PricewaterhouseCoopers, Deloitte. Procedural quality and information confidentiality principles are confirmed by Accenture.

Expert RA is accredited at the RF Ministry of Finance. The Agency ratings are included in the list of official requirements to banks, insurers, pension funds, issuers. Expert RA ratings have been officially recognized by FSFM, Central Bank of Russia, Vnesheconombank of Russia, MICEX-RTS, Mortgage Crediting Agency, Deposit Insurance Agency, professional associations and self-regulating organizations: VSS, Russia Association, Strategic Initiative Agency, RSA, NAPF, NLU, NSG, NFA, and hundreds of companies and agencies in the period of bids and tenders.