OREANDA-NEWS. National Rating Agency has affirmed its 'PM2' risk management quality rating on REGION Investment Co. ZAO (REGION IC). The ‘PM2’ risk management quality rating was assigned to REGION on June 20, 2013 and affirmed on July 1, 2014. 

REGION IC has a well-developed enterprise risk management (ERM) system that enables a wide range of risks to be identified, monitored and controlled. The ERM system is well aligned to the scale of the Group. It is efficient and fully covers the company’s activities and is capable of embracing all business lines. All types of risks are monitored and assessed: the risk management department has units that deal with specific risks which the company faces. Business processes are developed in line with the company’s new goals and needs and their automation is at a high level. Risk management policies and procedures are reviewed and approved in a timely fashion and are coordinated at different levels of the organisation. REGION IC has developed and implemented a fast-operating authority delegation system integrated in the decision making process. We find the company’s risk management staff to be skilled professionals.

REGION IC (credit rating: ‘A+’) was established in 1995. Currently, REGION Group includes REGION Broker Company LLC (reliability rating: ‘AAA’, credit rating — ‘A+’), REGION Depository Company ZAO (reliability rating — ‘AAA’, credit rating — ‘A+’), REGION Leasing, Re-CON ZAO, ATI LLC, REGION Infrastructure LLC, REGION Capital LLC, REGION Finance LLC and four asset management companies (with a single reliability rating of ‘AAA’). 

The Group is co-owned by Sergey Sudarikov, Sergey Korol and Andrey Zhuikov.

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