Expert RA is Russia’s oldest credit rating agency and also the largest one in terms of both customers and headcount. Expert RA has been assigning credit ratings for 20 years. Expert RA is on the list of authorized rating institutions, meaning that its credit ratings are applicable for regulatory purposes to banks, insurers, pension funds, and debt issuers.
History
1998 - Expert RA creates its Analytics & Communications Business line
2010 - Expert RA accredited by Russia’s Ministry of Finance
2016 - Central Bank of Russia has included Expert RA in the list of accredited credit agencies 2017 - Change of the rating scale, 19 gradations introduce in the rating system 2018 - Expert RA signs a strategic partnership memorandum with China Chengxin Credit Rating Group (CCXI). 2019 - Establishing Expert Business-Solutions, a company intended to support non-rating analytical products. 2020 - International Capital Markets Association (ICMA) has included Expert RA in the list of independent verifiers of green and social bonds. 2021 Expert RA assigned ESG ratings (sustainability ratings) to the first six Russian companies. 2022 Marina Chekurova headed this agency as CEO and Chairman of the Board. Expert RA launched the Expert Pages project, a service for corporations with an extensive database of Russian business companies.
Main activities
Credit Ratings
Expert RA has more than 700 credit ratings outstanding, including 449 issuer and 334 issue credit ratings (as of January 1, 2022).
The agency assigns credit ratings to regions and municipalities.
Communications & Analytics
Expert RA addresses key national issues in cooperation with government agencies, public associations, and regional authorities.
Surveys
Expert RA publishes over 50 research papers and analytical reports on insurance, banking, asset management, leasing, factoring, auditing, consulting and other industries annually as well rankings.
Business Events
Every year, Expert RA holds events such as forums, conferences, and round tables.
Rating Scale
Expert RA National Rating Scale for the Russian Federation Effective from 10 April 2017
Rating methodologies
Expert RA has 18 active credit rating methodologies, of which 12 are recognized by the regulator as fully complying with Law 222-FZ and suitable for regulatory purposes.
Recognized for regulatory purposes
Bank Credit Rating Methodology
Credit Rating Methodology for Debt Instruments
Credit Rating Methodology for Local & Regional Governments
Credit Rating Methodology for Non-Financial Companies
Insurer Financial Strength Rating Methodology
Holding Companies Credit Rating Methodology
Credit Rating Methodology for Project Finance Companies
Credit Rating Methodology for Leasing Companies
Credit Rating Methodology for Microfinance Companies
Life Insurer Financial Strength Rating Methodology
Credit Rating Methodology for Financial Companies
Financial Strength Rating Methodology for Regional Guarantee Organizations
See also
ACRA (rating agency)