When compiling ratings of banks, financial companies, and business structures, we often rely on data published by reputable and respected rating agencies. Their estimates are listened to all over the world, and decisions are made on their basis in business and politics.
Today we present Top 10 most reputable rating agenciesboth on the international and Russian arenas.
10. National Rating Agency
This Russian rating agency was created in 2000 and has been accredited by the Russian Ministry of Finance. It specializes in assigning ratings to banks, non-bank credit institutions, insurance companies and non-state pension funds, as well as management and investment companies.
9. A.M. Best company, inc
This is an international rating agency headquartered in Oldwick, New Jersey, USA. The main specialization is insurance companies. The specificity of the assessment is to determine the financial stability rating, which determines how much the insurer is able to fulfill its obligations to policyholders. The formula for calculating the rating is the property of the company
8. Dominion Bond Rating Service (DBRS)
Credit Rating Agency was founded in Canada in 1976. Today it is the largest Canadian RA. The current scale of short-term debt ratings shows how high the risk is that the borrower will not be able to timely fulfill his own obligations for short-term debts.
7. Moody`s Interfax Rating Agency
The leading rating agency in Russia, where credit ratings are assigned according to the national scale, which reflects the agency’s opinion on the issuer's creditworthiness and its debt obligations on the national market. Moody`s Interfax Rating Agency uses Russian financial institutions, regional and municipal administrations, as well as non-financial sector companies.
6. RA AK & M
This Russian rating agency, accredited by the Ministry of Finance of Russia, was created in 1994. In addition to the ratings of companies, the RA carries out an assessment of the creditworthiness of the constituent entities of the Russian Federation and municipalities. AK & M also compiles ratings of leading enterprises of the Russian Federation.
5. “Expert RA”
One of the most respected rating agencies in Russia. It is an information and research unit of the Expert group of companies. Founded in 1997 The agency compiles credit ratings of private companies, credit ratings of regions and evaluates their investment attractiveness.
4. Morningstar (NASDAQ: MORN)
American RA specializes in collecting and analyzing information on investment funds. Consumers are provided with databases, training courses, reviews, and software. The rating system of funds is based on assigning stars to them (from 1 to 5), which allows you to summarize data on the stability of the fund in terms of the ratio of profitability and risk.
3. Standard & Poor’s (S&P)
Agency for analytical research of the financial market. The company is one of the three most influential international RAs. The American stock index S&P 500 and the Australian S&P 200 were created by this company. The agency evaluates both issuers and individual debt obligations. The international Standard & Poor’s scale allows you to compare the reliability of issuers and obligations of different countries.
2. Moody’s
One of the most respected in the world international. RA is a subsidiary of Moody’s Corporation. The agency is engaged in research and risk analysis, assignment of credit ratings. Moody’s offices have more than 4,500 employees in 26 countries.
1. Fitch Ratings
This international diversified corporation has gained fame precisely as a rating agency. Back in 1924, Fitch introduced a rating scale from "AAA" to "D". Today, the company believes its main objective is to provide global markets with independent and future-oriented credit ratings, analytical data and research.
