OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Standard company credit rating A ("High level of creditworthiness"), the rating sub-level was downgraded from the second to the third and the rating outlook was changed from "stable" to "developing". Developing outlook means rating stability and change are equally likely in the mid-term.

The rating was positively influenced by high level of capital adequacy, high liquidity ratios and low currency risks.

The Agency analysts highlighted as the rating-restraining factors the impossibility to assign a higher score to the assets' quality of the Company, low diversification of activities, high share of accounts receivable in the total assets, low diversification of debt liabilities and low quality of strategic planning.

Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity. Our purpose is to produce a new knowledge and transfer it to the society, business and authorities in an understandable way.

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.

Expert RA and its employees received more than 80 diplomas, awards and thank-you notes, including ver 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.