RusRating

RusRating (Russian: Рус-Рейтинг) is a credit rating agency located in Russia founded in 2001.[1] In 2013 Kommersant said it was the smallest in the country, with about 30 customers, about 4 percent of the market.[2]

In October 2012, Dagong Global Credit Rating stated that they will cooperate with Egan-Jones Ratings Company and RusRating to form a joint venture called Universal Credit Rating Group. The Universal Credit Rating Group will be located in Hong Kong, and starts working in 6 months since the agreement. The joint venture will also give countries credit ratings.[3] Managing director of Egan-Jones Ratings Bill Hassiepen told that the three rating agencies will not merge, but will participate in a strategic alliance. The three companies services will market together but will work singly he said.[4]

On June 25, 2013, a new international rating agency, Universal Credit Rating Group, was launched jointly by Rus-Rating, Dagong Global Credit Rating and Egan-Jones Ratings. The agency positions itself as an alternative to the "big three" Fitch Ratings, Standard & Poor's and Moody's. The headquarters of the company is located in Hong Kong.[5][6]

In December 2013, the founder of Rus-Rating Richard Hainsworth and partners sold 100% of the company's shares to Alexander Zaitsev, who previously held senior positions in Sberbank CIB, Troika Dialog and Uralsib Capital Management.[7][8]

In March 2015, the former deputy head of the Moscow Main Territorial Department of the Central Bank of the Russian Federation Sergey Ablyaev became the owner of 51% of the company's shares.[9][10]

In March 2016, Dmitry Lyubinin, the owner of the leasing company CJSC Business Alliance, acquired 100% of the company's shares.[11]

Ownership of the agency changed hands twice in 2015-2016 and shortly afterwards it closed.