OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Kazakhstan Sovereign Rating BBB (“Acceptable level of creditworthiness”) in foreign and national currencies. Credit environment rating of the country was downgraded from BB+ (“Sufficient quality of credit environment”) to BB (“Sufficient quality of credit environment”) in foreign and national currencies.

Ratings of sovereign creditworthiness of Kazakhstan and its credit environment were positively influenced by moderately high level of GDP growth rate, high level of national savings.

Low level of purchasing power parity GDP per capita, medium low inflation, dependence of the state welfare on global energy prices and accounting of state obligations as corporate ones were highlighted by the Agency analysts as rating-restraining factors.

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.

Over 5000 companies from different segments of economy cooperate with Expert RA. The Agency has clients from 10 countries. The Agency database contains over 20000 company names.