Rating Agency of RFCA

JSC “Rating Agency of the Regional Financial Centre of Almaty city” (further – RA of RFCA) was created within the limits of realization of a plan of arrangements on maintenance of qualitative interaction with the international rating agencies with a view of increase sovereign credit rating and to development of national rating agencies in the Republic of Kazakhstan, approved by Deputy Prime-Minister of the Republic of Kazakhstan – Minister of Economics and Budget Planning from February, 9^th, 2007 #003-608 and Program of development of the regional financial centre of Almaty city till 2010, approved by the order of the Chairman of the Agency of the Republic of Kazakhstan on regulation of activities of the regional financial centre of Almaty city from December, 8^th, 2006 #68.

RA of RFCA the first specialized rating agency in Kazakhstan directed to development of share market of the Republic of Kazakhstan, rendering services in the field of independent estimation of credit status of subjects of loans with assignment of credit rating.

Tasks:

·   Assignment of credit ratings to the enterprises, banks, insurance companies, local self-administration authorities, subjects of an average and a small-scale business, by the system specially elaborated for an estimation of credit risk level in conditions of Central Asia market;

·   Assignment of credit ratings to separate promissory notes of the borrower (to bonds, loans) on national scale;

·   Indication of appropriated credit ratings;

·   Common economic review of branches of economy, including the operative information on results industrial-branch economic activities as a whole and the largest enterprises in particular; definition of the tendency of development of branch, internal and external market condition of production; the analysis of the data on financial indicators of branch;

·   Analysis of condition of enterprises, including data on industrial and financial indicators for the accounting periods; Strategic plans of development and plans of industrial-economic activities; fundamental analysis of financial enterprises and their place in branch; estimation of quality of corporate management;

·   Elaboration and estimation of business-plans, feasibility studies, technical translation, researches on individual orders;

·   Holding conferences, seminars, forums on various subjects and directions, carrying out of trainings.