Rating functions and services offered

Expert RA ratings have been broadly used to support assorted PR, CR and IR regulatory tasks.

Expert RA rating lists, regularly released via the leading Russian electronic and print-media outlets, have been reflective of the tremendous media-resource capacities held by Expert Group. Generally, the assigned ratings have had beneficial impacts on the image of banks and helped market players build positive credit histories. Importantly, ratings have been regarded by regulators, market makers and customers as a major transparency tool.

Banks need to have a rating to show their compliance with the newly established insurance reserve and equity capital requirements (Ministry of Finance Directives 100n and 149n). Insurer ratings are used by AIZK to have insurers appropriately accredited (with a solid Expert RA rating being an mandatory requirement) to attend disparate tenders and auctions where a multitude of government and private-sector orders are made available for grabs. Notably, Expert RA ratings have been formally recognized by such majors as VSS, NSG and Bolshaya Volga Association. Importantly, in the near future that recognition will be coming from Russian and foreign regulators of financial services and capital markets.

Overall, Expert RA credit ratings have been developed to support the following major functions:

PR

1. Releasing monthly rating lets via Expert Magazine
2. Releasing rating lists and backgrounders for rated companies via Expert RA website (updated on a continuous basis)
3. Releasing rating lists via the Expert Online portal (promptly updated)
4. Rating lists on RBC.RU (promptly updated)
5. Rating lists on cbonds.ru (promptly updated)
6. Rating lists on other websites
7. Rating lists carried by Bankovskoye Obozreniye
8. Press-releases on ratings assigned. Updated and monitored (over two thousand subscribers)
9. News and commentaries on the Expert RA website
10. Sending out invitations to attend topical conferences
11. Attracting commentary contributions for Expert Magazine, Bankovskoye Obozreniye, Bankovskoye Delo v Moskve, BDM, Atlas Strakhovaniya, D-Shtrykh, Bankovskoye Delo and other publications.
12. Offering other opportunities for collaborative efforts.

GR, IR, CR

1. Complying with insurance reserve and capital equity requirements (Ministry of Finance Directives 100n and 149n)
2. Meeting tender and auction standards
3. Assessing the credibility of bonds in the MBK market
4. Dealing with private customers by way of providing unbiased assessments for solvency and credibility
5. Shaping the attractive image
6. Preparing companies for breaking into international markets and securing international ratings
7. Providing independent assessments of corporate governance quality and financial health status
8. Seeking to get regulators and market makers appropriately engaged to use ratings in order to select the right partner