The European Rating Agency, also known as ERA, provides information about risk profile of the European markets.
The information is accessed by investors who operate on these European markets. The reports of the European Rating Agency are deemed to be reliable and of premium quality. The volume of assets monitored by the European Rating Agency is much higher than that done by any other agency in Europe.
The European Rating Agency monitors credit markets in the following countries –
Algeria
Byelorussia
Bulgaria
Croatia
Czech Republic
Egypt
Estonia
Greece
Latvia
Libya
Lithuania
Moldavia
Morocco
Serbia and Montenegro
Hungary
Poland
Romania
Slovakia
Slovenia
Tunis
Turkey
Ukraine
The core values of European Rating Agency are Independence, Ethics, Professionalism, Profile and Communicability. The organization believes in transactional and political independence. The employees or managers of European Rating Agency are not members of any political organization. The agency provides services to various organizations and institutions worldwide.
By maintaining business ethics consistently, the European Rating Agency aims to build up long term business relationships with its clients. The correctness of the employees is guaranteed by the agency. The professionalism of the employees is the prime reason for such confidence of the agency on its employees. The European Rating Agency consciously strives to maintain a high level of professionalism.
The agency maintains a very transparent profile in order to avoid conflicts of interests. No other business activity is undertaken either by the agency or its employees. Strong focus is given on communication by the European Rating Agency. Steering committees are set up for special projects to ensure a smooth communication process.
The European Rating Agency maintains a system of symbols for credit ratings. The long term ratings are –
AAA – Best rating. This rating indicates minimum risk on investment.
AA – Very low risk on investment
A – Low risk on investment
BBB – Certain amount of risk exposure on investment is present
BB – High risk on investment
B – Very high risk on investment
CCC – Extremely high risk on investment
CC – High risk of default
C – Very high risk of default
D – Liabilities are in default
The short term ratings are –
S1 - Very low risk on investment
S2 – Appropriate risk on investment
S3 – Relatively high risk on investment
S4 – Very high risk on investment
NS – High chances of liabilities being in default
The European Rating Agency (ERA) provides a wide range of products and services. The major products and services of the European Rating Agency are –
Consulting services
Advisory services
Public Finance Advisory
Macro-economy analysis
Special focused analysis
Sector analysis
Corporate analysis
The contact details of European Rating Agency are –
European Rating Agency Limited
Gainsborough House
81 Oxford Street
W1D 2EU London
U.K.