ACRE in early 2018, will release its first rankings on the international scale

© RIA Novosti / Grigory to Sysoeva in potencjalny Director of Analytical credit rating Agency Ekaterina. Photoa archival photoACRE in early 2018, will release its first rankings on the international scale© RIA Novosti / Grigory to Sysoeva the image Bank

Analytical credit rating Agency (ACRA) plans in early 2018, the release of the first global scale ratings, said in an interview with RIA Novosti Director General of the Agency Ekaterina Trofimova.

«The creation of an international scale linked to work on a number of documents: the development and sovereign methodologies, and approaches to the assessment of country risks,» she said on the eve of the Eastern economic forum, which will be held September 6-7.

Mills explained that after the approval of the sovereign methodology is the calibration of industry-specific methodologies taking into account country risks and the risks associated with cross-border movement of funds and their conversion from one currency to another, and then validation of these methodologies on a sample of international companies.

«AKRA approved plan for the development of a sovereign methodology is very extensive and includes more than 60 points. We are now in the active development phase. The Agency plans to begin to produce the first global scale ratings at the beginning of 2018,» she said.

Read the full interview with Ekaterina Trofimova >>