Directions of the activity

• Awarding credit it is rating;
• Financial institutes (banks, insurance companies);
• Enterprises of [nefinansovogo] sector;
• Regional and municipal administrations;
• The indication of credit it is rating;
• Estimation of the quality of corporate governance;
• Studies of insurance market.

The procedure of the determination of the credit rating “rating agency Interfax” is based beyond the checked by time approaches, utilized as far as an agency Of moody `s and adapted by the specialists Of moody `s and “Ra Interfax” for the Russian legal, economic conditions and the traditions of conducting business.

Before awarding of credit rating the client can obtain the indication of rating. The indication of rating assumes the information of customer about the range of the rating estimations, which it would obtain in the case of the passage of the valuable procedure of awarding rating.

The estimation of the quality of corporate governance is conducted within the framework the procedure of awarding the classical rating of solvency. The estimation of corporate governance accentuates attention before one group of the factors, which influence solvency of borrower, whose value recently strongly grew.

One additional service, capable of presenting to client a number of additional advantages, is the simultaneous awarding of international and national is rating “rating agency Interfax” together with the agency Of moody's.

CREDIT RATINGS

The international credit rating of the agency Of moody's - this opinion of agency about ability and readiness of borrower in time and to fully carry out all undertaken itself financial obligations or obligation on the separate I see adoptions. The international ratings of the agency Of moody's make it possible to compare solvency of borrowers from the different countries and evaluate the expected probability and the scales of losses in connection with the incapacity of borrower in time to fulfill obligations.

Credit rating widely adapts before the majority of the countries of world. By means of it the investor obtains the necessary information about the quality and the reliability of borrower. To investor, in particular to quotient, it is very difficult to be dismantled against the variety of possible debt tools, to estimate the risks, connected for the sake of their acquisition. This work for the investor carries out the rating agencies, which the within the framework accepted as far as them united scale and procedure appropriate the credit rating of borrower to his obligations.

By means of obtaining of rating the borrower ([emitent]) increases the liquidity of his debt tools and/or reduces the cost of borrowed means; therefore borrowers manifest the interest before obtaining of rating.

In the recent decades the credit ratings of steel by the universally recognized and convenient orientator for determining the degree of solvency of Federal Governments, regional administrations, banks, [nefinansovykh] companies. The objective evaluation of the solvency of the subjects of the economy by the independent experts is before the contemporary business practice the same necessary element of conducting business and state administration as regular auditorial checkings.

• The rating of solvency is one of the most important tools of an increase in the attractiveness of borrowers before the eyes of creditors, making possible at the point of them to obtain the objective and intelligible indicator of the financial state of borrowers. The independence of rating agency from participants in the financial market contributes down an increase in confidence in borrower.
• Obtaining rating improves the conditions of the attraction of borrowed means, it makes it possible to decrease the appropriate expenses. Credit rating can also contribute down the expansion of the circle of the potential investors
• The presence of credit rating contributes down the forming of positive credit history, demonstrating the adherence of borrower to the work on the financial market on the world standards
• The estimation of the specialists of rating agency can be used by borrower for the correction of strategy of development, since it makes it possible to in proper time reveal the possibility of the appearance of the financial problems
• Credit rating facilitates the process of [anderraytinga]. Bond houses and other financial mediators, who act on the market for bonds, can use a credit rating during planning and positioning the emissions of bonds.

NATIONAL CREDIT RATINGS

The national credit rating “rating agency Interfax” - this is the opinion of agency about ability and readiness of borrower to attend its obligations. National rating reflects comparative solvency of borrowers from the different sectors of economy of Russia. National ratings are unconfined as far as [stranovym] ceiling and make it possible to better differentiate borrowers inside the country due to the exception of system risks.

National credit ratings reflect the opinion of the specialists of agency about relative solvency of borrowers and their bills before the conditions of the corresponding country. The national rating scale makes it possible the more clear to distribute borrowers according to the degree of their reliability in comparison with the international scale, which leaves for the national borrowers too narrow a range of possible estimations.

Before obtaining of national credit it is rating they are interested company, regions and jars of the countries, which relate down the developing markets (emerging of markets), or the countries with the transitional economy (transition of economies), in particular Russia, where many enterprises do not have credit history and are limited before the attraction of the financial resources.

National ratings do not, as a rule, evaluate directly the probability of default, since is not considered the condition of access to the hard currency resources, the possibility of initiation of the moratorium down the current payments at the point of the boundary.

Thus, credit rating about the Russian scale has a number of advantages for the borrowers, investors, creditors and financial mediators:

• The exception of the influence of [stranovykh] risks general for all subjects of the economy makes it possible to more precisely characterize the financial position of the borrower of rating and gives the possibility to obtain the rating, adequate to risk accepted level
• Rating makes it possible to demonstrate information openness both before the creditors and before the organs of the power of the state
• The national scale of credit rating because of the exception of the influence “[stranovogo] ceiling” gives the possibility to more precisely position solvency of borrower among other Russian borrowers
• Rating about the national scale facilitates obtaining credit rating for the sake of the international scale. Ratings about the Russian and international scale are based beyond the united methodology; therefore simultaneous obtaining of both it is rating it makes it possible to save time and efforts of the management of the borrower
• Obtaining it is rating as far as the national scale it distinguishes the lower cost of services.