OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed IC Tusk Quadro Securities Depositary reliability (long-term creditworthiness) rating A ("High level of reliability (long-term creditworthiness)") and downgraded its sub-level from the second to the third. The outlook is "stable".

The rating was positively influenced by vast client base, medium high growth rate thereof and high level of business diversification.

The Agency analysts highlighted moderately high level of debt burden, low capital adequacy, low level of financial information disclosure and lack of experience in professional indemnity insurance as rating-restraining factors.

Expert RA was evaluated and certified as satisfying to ISO 9001:2008 demands in the following areas: assigning and actualizing expert assessments; analysis of markets and companies, survey activity; organization of business-forums, conferences and round tables. Rating methods were approved by leading international audit-consultation companies: PricewaterhouseCoopers, Deloitte. Procedural quality and information confidentiality principles are confirmed by Accenture.

Expert RA is accredited at the RF Ministry of Finance. The Agency ratings are included in the list of official requirements to banks, insurers, pension funds, issuers. Expert RA ratings have been officially recognized by FSFM, Central Bank of Russia, Vnesheconombank of Russia, MICEX-RTS, Mortgage Crediting Agency, Deposit Insurance Agency, professional associations and self-regulating organizations: VSS, Russia Association, Strategic Initiative Agency, RSA, NAPF, NLU, NSG, NFA, and hundreds of companies and agencies in the period of bids and tenders.

Over 5000 companies from different segments of economy cooperate with Expert RA. The Agency has clients from 10 countries. The Agency database contains over 20000 company names.