National Credit Ratings
Providing forward-looking insights and in-depth information on rated entities, our credit ratings enable investors to identify risks, understand credit trends, and make better decisions. Issuers and borrowers leverage our ratings for enhancing their access to funding, widening range of funding alternatives, and optimizing cost of funds.
Using the most rigorous criteria, we rate financial institutions and insurers, corporates of all kinds, holding companies, local and regional governments, and debt obligations of all those entities.
Following best global practices, our team has set new transparency standards for the Russian ratings industry and instituted several innovations to promote clarity, knowledge and better understanding for the entire community.
Our analysts assess financial instruments for conformity to environmentally sustainable finance criteria, verify them, and subsequently monitor conformity on an ongoing basis.
Leveraging our unique expertise, we have developed our own Methods for Determining Financial Instruments Conformity to Sustainable Finance Criteria based on the national guidelines and global standards. NCR offers verification for a wide range of instruments, including green bonds and loans, leasing or similar instruments, and guarantees and sureties for green projects or financing programs.
We share our knowledge and insights in ESG working groups with the Russian parliamentary committee for financial markets and VEB.RF, Russia’s state development corporation.
Our flexible and fully customizable research solutions provide a comprehensive view of the market or some specific sectors helping decision-makers to manage risk and identify opportunities by providing trusted insights. We offer public or private market research, including outlooks, rankings, surveys, comparisons in a variety of formats, and our team is ready to share the underlying data and explain our methods and criteria.
We cover a plethora of sectors and industries, including banking, insurance, oil & gas, mining, green energy, pharmaceuticals, construction, transport, retail, IT & communications, national budget & government debt.
Latest Credit Ratings
|Rated Entity||Credit Rating||Outlook||Industry||Date|
|Bank of China JSC||Stable||Banks||12.10.2023|
|Energonica||Stable||Electric power industry||30.08.2023|
Established in early 2019, National Credit Ratings (NCR) is a wholly owned subsidiary of RBC, a major Russian media group. The Bank of Russia added NCR to the list of accredited ratings agencies in September 2019, and we assigned our first credit rating in December the same year.
We distinguish ourselves with full transparency, ease of communication, deep risk expertise, and innovative application of technology. We harness the diverse experience, expertise, and professionalism of our colleagues to ensure our continued success and help to create confidence in the Russian financial market.
We count a number of Russian professional associations as our partners, including InvestInfra (National Association of Infrastructure Concessioners and Long-Term Investors), Association of Factoring Companies, Leasing Union, and All-Russian Union of Insurers. To develop the Russian financial market, we are working closely with the Bank of Russia, VEB.RF, Moscow Exchange, and the parliamentary committees.