Agency History



Initiation of new projects to evaluate the investment attractiveness of different regions, launch of the Shariah Compliance Rating
NRA’s client base expands geographically to include Peru, Bahrain, the Ukraine, the UK, India and Finland


First ratings on mortgage, leasing, financial and holding companies, and guarantee funds


National Rating Agency has been successfully accredited by the Ministry of Finance of the Russian Federation, thus being included into the list of reliable rating agencies.

NRA launched a series of risk-management conferences called, the agency’s own project.


Credibility ratings assigned to issuers by NRA are among MICEX key criteria when including securities on the stock exchange`s quotation list A (first level).


National Rating Agency is among the list of agencies whose ratings are widely used by the Central Bank of the Russian Federation to determine the solvency of credit institutions.

RUSNANO State Corporation allows professional market participants with "A-" or higher rating to render investment adviser services.

Vnesheconombank offered banks with "BBB-" or higher rating assigned by NRA an opportunity to take out a subordinated loan.

National Rating Agency obtained accreditation of the National Securities Market Association (NSMA), a self-regulated organization. The Agency announced its plans to perform operations in strict accordance with a Code of Professional Ethics of the Russian rating agencies, which was developed by a special Rating Assembly Team of NSMA.


NAUFOR RA significantly expanded the profile of its activity. The agency was later renamed National Rating Agency Ltd.


Establishment of the rating agency (NAUFOR RA) based on research team of a self-regulated organization NAUFOR.


NRA launched a project called "Ratings of professional market participants" in cooperation with a self-regulated organization NAUFOR.