OREANDA-NEWS. National Rating Agency has affirmed its ‘AAA’ reliability rating on STATUS Registration Company (Status). The outlook for the rating is Stable. Status was assigned NRA’s first-time reliability rating on Oct. 15, 2008. The latest rating update was on Apr. 7, 2015.

Status successfully implements its key strategic objectives and consistently strengthens its market position in registration services. NRA notes the growing number of joint-stock companies using Status’ services, as the customer base has been steadily increasing over the past few years. The rating reflects Status’ strong market position, experienced and competent management team and professional risk management function, enabling the company to control operating risks effectively. NRA views positively the considerable increase in the company’s net profit and revenue.

Founded in 1997, Status has a long track record of financial market operations. The company is a professional participant of the securities market, where it provides registration services, namely, maintains issuer registers, based on its license, issued for an indefinite term. One of the company’s key shareholders is Sberbank PJSC. Status offers a wide range of services designed to ensure compliance with the requirements of the Russian law on joint-stock companies and securities. Status’ customer base includes entities, such as Sberbank PJSC, Magnitogorsk Iron and Steel Works OJSC, AUTOVAZ OJSC, KAMAZ PJSC, Rosseti PJSC, “RAO Energy Systems of the East” PJSC, RZhD OJSC, Federal Grid Company of UES PJSC, Moscow Consolidated Power Grid Company (MCPGC [abbreviated MOESK in Russian]) PJSC, Siberian Power Grid Company OJSC, Siberian Power Grid Company OJSC, North Caucasian Power Grid Company OJSC, ILIM Group OJSC, Rusagro Group OJSC, VSMPO-AVISMA Corporation PJSC, Moscow Exchange PJSC, NRD Non-Profit Entity CJSC, Rostekh Group member companies and many others.

NRA’s analytical products, including ratings and the contents of this press release, are statements of NRA’s independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.

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