NRA National Rating Agency

The National Rating Agency (NRA) has been operating since 2002 and is one of the independent rating agencies in Russia.

History

2023: Tatiana Grigorieva - New CEO of NRA

On April 1, 2023, the Director General of the National Rating Agency (NRA) Alina Rosenzvet resigned, and her place was taken by Tatyana Grigorieva, who had previously worked in the organization as a managing director. Read more here

2019

Central Bank controls NRA through collapsed banks

Through the collapsed banks of the Central Bank and the DIA, the NRA owns the main stake - more than 38.4%. The reason for the transition of the NRA under the control of the Central Bank was the reorganization and collapsed banks - Otkritie, Trust, Intrastbank (NSD), OFK Bank.

Another 28% belongs to the Lazarev-King Region-Rosneft group.

Before the NRA came under the control of the Central Bank, the regulator refused him accreditation. Without it, the bankers did not want to pay for the NRA ratings. The quality of NRA ratings can be judged by the ratings of its shareholders - the Region group and its NPF Evolution (Neftegarant), Otkritie broker and NPF Electric Power Industry have the highest reliability rating (AAA).

At the second stage of the reliability rating (AA) before the collapse were MFO Fanny Mani and Gorsberkassa, which turned out to be financial pyramids.

Otkritie FC becoming a member of NRA LLC

On April 18, 2019, information appeared that Otkritie FC Bank became a co-owner of the National Rating Agency (NRA), as evidenced by data from the SPARK-Interfax system. The share of NRA LLC owned by the bank is 9.9%.

Earlier, among the participants in the NRA with a similar share of 9.9% was Safmar Pensions LLC, which in 2019 ceased its activities after joining Otkritie.

According to the SPARK-Interfax analytical system, as of April 2019, the NRA participants are its founder Viktor Chetverikov - 14.1%, the Rossium concern - 9.9%, Independent Specialized Depository JSC - 9.9%, NPF Future - 9.9%, PJSC Rusolovo - 9.9% (since February 2019), LLC PIF Siberia - 8.5% (since January 2019), Vostochny Bank - 5%, as well as the former owner of Otkritie - Otkritie Holding - with a share of 9.9% (in January of this year, he decided to stop participating in the NRA).

2018: Re-submission of accreditation application to CBR

In the fall of 2018, the agency sent documents to the Bank of Russia for inclusion in the register of rating agencies, documents are under consideration by the regulator.

Earlier, the NRA has already applied for accreditation with the Central Bank, but was refused.

As you know, the Central Bank of the Russian Federation two years ago completed the reform of the rating industry - international ratings have basically ceased to be accepted for regulatory purposes, and only two agencies accredited by the Bank of Russia now assign ratings on the national scale: Analytical Credit Rating Agency (ACRA) and Expert RA^[1]

2014: Establishment of a subsidiary in Austria

In 2014, the NRA established a subsidiary in Austria, NRA International GmbH.

2013: Number of NRA clients by assigned ratings - over 350 legal entities

NRA is accredited by the Ministry of Finance of the Russian Federation. As of October 2013, NRA clients according to the assigned contact ratings are more than 350 legal entities. More than 800 companies and banks participate in other NRA information projects.

The NRA ratings are officially recognized by the Central Bank of the Russian Federation, the FFMS, the Moscow Exchange, the Ministry of Economic Development of Russia, Vnesheconombank, Rusnano, the Agency for Mortgage and Housing Lending (AHML), the National Association of Stock Market Participants (NAUFOR), the National Stock Association (NFA), the National League of Managers (NLU), the Association of Russian Banks (ARB).

2010: Accreditation with the Ministry of Finance of Russia

In September 2010, the NRA was among the first to be accredited by the Ministry of Finance of the Russian Federation, thereby confirming the high level of assigned rating ratings.

2004

Since 2004, the Agency has been developing under the brand "National Rating Agency."