Updated ratings of Armenia, Montenegro, Moldova, Azerbaijan

28-02-2012

On February 28th,  2012, “StandardRating” Group informed about rating update for Armenia, Montenegro, Moldova, Azerbaijan. Previously these countries were rated in 2011. The aforesaid countries’ ratings are still qualified as RSO type (ratings reports for subscribers only). This status envisages that the rating grades are available to the public, however rating reports and the entire rating history are available to the Agency’s subscribers only. Among the Agency’s subscribers there are institutional and private investors.

In 2012 GPRC “StandardRating” is planning to switch to NCL and RCL types.

 

  • NCL (public information ratings from non-cooperative list of countries) – the rating assigned on the basis of public information with public rating report, but without interaction with the government.

 

  • RCL (non-public information ratings from cooperative list of countries) – the rating assigned on the basis of public information as well as the information obtained from the government, with public rating report, obligatorily in line of interaction with the government or a government agency in charge of state debt management.

Credit ratings are maintained by affiliated rating agencies of GPRC ‘StandardRating’ which are registered outside the European Union