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On approving list of rating agencies

26 December 2014
Press release

The Bank of Russia Board of Directors decided to approve the following list of rating agencies which ratings are used by the Bank of Russia within Bank of Russia Ordinance No. 3445-U, dated 16 November 2014, ‘On the Procedure of Investing Insurer’s Own Assets (Capital) and the List of Assets Permitted for Investing’ and Bank of Russia Ordinance No. 3444-U, dated 16 November 2014, ‘On the Procedure for Investing Insurance Reserve Funds and the List of Assets Permitted for Insurance’ (hereinafter, Bank of Russia Ordinances) to assess assets compliance with the requirements envisaged by Bank of Russia Ordinances as regards credit rating of a bank, reinsurer, issuer or securities issue as well as the bottom and top levels of credit rating of every rating agency included in the said list:

No. Rating agency Creditratingbottomlevel Creditratingtoplevel
1 Standard & Poor’s „В-” — on international scale „ruBBB-” — on national scale „В+” — on international scale; „ruA” — on national scale
2 Fitch Ratings „В-”— on international scale „BB-(rus)” — on national scale „В+”— on international scale „A-(rus)”— on national scale
3 Moody’s Investors Service „ВЗ” „В1”
4 A.M. Best Co „В-” „B+”
5 Expert RA „А” „А+”


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26.12.2014 00.00.00