OREANDA-NEWS. April 17, 2008. The Expert RA rating agency has received Finance and Finance Elite awards. The Finance-2008 prize award third annual ceremony, held by Finance magazine, took place on April 10. The organizing committee awarded Expert RA for its “Contribution to the Russian business information transparency”. Pavel Samiev (Expert RA department of ratings of financial institutions) says: “When five years ago we requested information from insurance, leasing and management companies or banks in order to get reporting or data to compile a ranking, we often had to face denials since many market players were not willing to disclose their information. Today the situation is different. Companies themselves initiate information to be analyzed or rated. I hope that Expert RA has contributed to an increased market transparency – which is confirmed by the financial community recognition”.

On April 11 many financial market players gathered for the Financial Elite of Russia prize award ceremony. The Expert RA publications – Market Expertise encyclopedic series were awarded in the nomination “Information-reference publications”. According to Ekaterina Korenkova, the agency director of publishing projects, the award is a deserved valuation of the encyclopedia’s experts, authors and editors. “We are glad that out encyclopedic books are of practical use for the market, its clients and partners, helping to find one’s bearings in the financial sector”.