RusRating

Summary

RusRating (Russian: Рус-Рейтинг) is a credit rating agency located in Russia founded in 2001.[1] In 2013 Kommersant said it was the smallest in the country, with about 30 customers, about 4 percent of the market.[2]

RusRating
IndustryFinancial services
Founded2001
FounderRichard Hainsworth
Headquarters
Moscow
,
Russia
Websitewww.rusrating.ru

In October 2012, Dagong Global Credit Rating stated that they will cooperate with Egan-Jones Ratings Company and RusRating to form a joint venture called Universal Credit Rating Group. The Universal Credit Rating Group will be located in Hong Kong, and starts working in 6 months since the agreement. The joint venture will also give countries credit ratings.[3] Managing director of Egan-Jones Ratings Bill Hassiepen told that the three rating agencies will not merge, but will participate in a strategic alliance. The three companies services will market together but will work singly he said.[4]

On June 25, 2013, a new international rating agency, Universal Credit Rating Group, was launched jointly by Rus-Rating, Dagong Global Credit Rating and Egan-Jones Ratings. The agency positions itself as an alternative to the "big three" Fitch Ratings, Standard & Poor's and Moody's. The headquarters of the company is located in Hong Kong.[5][6]

In December 2013, the founder of Rus-Rating Richard Hainsworth and partners sold 100% of the company's shares to Alexander Zaitsev, who previously held senior positions in Sberbank CIB, Troika Dialog and Uralsib Capital Management.[7][8]

In March 2015, the former deputy head of the Moscow Main Territorial Department of the Central Bank of the Russian Federation Sergey Ablyaev became the owner of 51% of the company's shares.[9][10]

In March 2016, Dmitry Lyubinin, the owner of the leasing company CJSC Business Alliance, acquired 100% of the company's shares.[11]

Ownership of the agency changed hands twice in 2015-2016 and shortly afterwards it closed.

References edit

  1. ^ "Company history". RusRating. Archived from the original on 17 April 2013. Retrieved 28 November 2012.
  2. ^ "RusRating Owner Sells Out to Develop Hong Kong Rating Agency". 8 December 2013.
  3. ^ "Chinesische Ratingagentur greift an" [Chinese rating agency attacks]. die Tageszeitung. 24 November 2012.
  4. ^ "New Sino-Russian agency to challenge Moody's, Fitch, and S&P". Russia & India Report. Rossiyskaya Gazeta. 31 October 2012.
  5. ^ "РБК — Россия, Китай и США запустили «убийцу» Moody's, S&P и Fitch". Archived from the original on 2015-01-09. Retrieved 2022-06-14.
  6. ^ NewsDaily — New credit rating agency to challenge Big 3 firms
  7. ^ Коммерсант — Сделка по национальной шкале
  8. ^ Banki.ru — А. Зайцев стал владельцем 100% акций RusRating
  9. ^ Banki.ru — С. Абляев приобрел контрольный пакет акций агентства RusRating
  10. ^ Коммерсант — С партнерским прогнозом
  11. ^ "Официальный сайт — "Рус-Рейтинг" объявляет о смене акционеров". Archived from the original on 2016-04-11. Retrieved 2016-03-30.

External links edit

  • Official website (in English)