National rating Agency will hold its first constituent meeting on 10 November


National rating Agency will hold its first constituent meeting on 10 November, after which registered legal entity – the 1st Vice-President of Gazprombank Trofimova.

The Board of Directors of rating agencies of the Russian Federation will consist mostly of representatives of the “big three”.

Trofimova said that her candidacy will be proposed to the Board of Directors of ACRA for consideration for the post of head of the Agency.

About the Agency

Created in Russia a national rating Agency can start work in the 4th quarter of 2015.

It is planned that the capital of the Agency will amount to 3 billion rubles with equal distribution of shares between investors in the amount of up to 5%. A preliminary subscription for shares will be held until the end of August 2015. Investors can be banks, insurance and managing companies, as well as issuers.

Essential pool of investors, the Agency developed almost. Their participation in the project was confirmed by VTB Bank, Gazprombank, Rosgosstrakh, Alfa-Bank, Binbank. Determined – “Rosneft”, SOGAZ, Absolut Bank, ROSBANK.

Previously Trofimova said that created a national rating Agency can pay off in the next 3-5 years.

The Board of Directors of the National rating agencies may include international experts, as stated previously, Trofimov.