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  • AmRating opens its web site

    AmRating opens its web site


    Arminfo
    2007-03-16 15:02:00



    Today AmRating, the national rating agency of Armenia, opened its
    web-site - www.amrating.am. The agency is part of Global Rating Group,
    a network comprising national rating agencies established by Richard
    Hainsworth: AmRating in Armenia, RusRating in Russia and KzRating in
    Kazakhstan.

    The press service of Global Rating Group reports that shortly the
    Group will embrace the national rating agencies of Azerbaijan
    (AzeriRating), Ukraine (UaRating) and Kyrgyzstan (KgRating). The key
    objective of the Group is to form a network of national rating
    agencies operating in the CIS, to promote national brands, to
    strengthen the positions of national rating agencies in their
    countries.

    Global Rating Group will coordinate the activities of daughter
    agencies, foster business contacts among financial institutions of
    different countries, help to attract investors in banking sectors,
    offer subscription for analytical reports on banks and surveys of
    banking sectors.

    The formation of national rating agencies in the CIS will give profit
    to local banks, their clients, partners and pontetial investors, says
    Richard Hainsworth, the director general of Global Rating Group and
    the director of all rating agencies of the group. National agencies
    will employ only native specialists - this is the principle of the
    group.

    To note, AmRating has prepared its first analytical product, Survey of
    Banking System of Armenia: analysis of the state, risks and
    development problems of the banking system of Armenia, its leading
    banks and their investment appeal.

    To remind, the first successful project of Hainsworth was RusRating,
    an agency that has been working in Russia for over 5 years. Its rating
    list comprises almost 50 banks and a number of leasing
    companies. KzRating was set up in Mar 2005.
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