Credit-Rating celebrated its 10-th anniversary
Credit-Rating celebrated its 10th anniversary. Founded in 2001 as the first specialized Ukrainian rating agency, Credit-Rating initiated assignment of credit ratings on Ukrainian national scale as an entirely new service for local financial market.
Throughout all the decade of activity, the Agency remains the permanent leader on rating services market. Credit-Rating became the first among Ukrainian agencies who adopted IOSCO standards (2006), as well as a pioneer to initiate and implement numerous market innovation products (corporate governance ratings, deposit ratings, researches of financial institutions’ transparency). Credit Rating was the first agency in the post-soviet area initiating assigning sovereign ratings to CIS countries by the special regional scale.
With over 1100 credit ratings assigned up to date, including over 850 ratings assigned to bond issues, Credit Rating for now remains the largest rating agency in Europe. The Agency collected unparalleled experience in Ukraine and for now acts as the only national agency whose ratings have confirmed their adequacy over a long period of time, embracing the different stages of economic cycle. In 2010, the agency staff was marked with an official gratitude of the State Securities and Stock Market Commission of Ukraine for the contribution to the development and functioning of Ukrainian securities market.
Credit Rating would like to thank all its customers, most of whom have been staying with the Agency for many years, as well as partners, mass media and each of the more than 200 talented and vigorous staff members who have within various times contributed to the development of the oldest and most acknowledged rating agency in Ukraine.
On the day of 10-year anniversary the Agency welcomed its clients, partners and media at a little party.