Expert RA Assigns Agora Trade Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned Agora Trade credit (long-term creditworthiness) rating B+ ("Sufficient level of creditworthiness"). The rating outlook is "stable". The stable outlook means the likelihood of mid term rating stability is high.
Rating of Agora Trade was positively influenced by high reliability and high level of insurance coverage of immovable property objects offered for sale, low level of currency risks, high volume of investments into immovable property.
Among factors restraining the rating score there were extremely high debt burden, concentration of debt commitments on one creditor, extremely low level of capital adequacy.
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.
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.
Комментарии