Thursday, 15 November 2012

Rating system to appear in Belarus. ? News | Economy ...

Rating system to appear in Belarus. ? News | Economy ? Belteleradiocompany

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News | Economy

November, 2012

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Rating system to appear in Belarus.

Maxim Metto reports: The authors of the concept propose to evaluate enterprises, banks, insurance companies and other organizations using a special scale. Companies and investors need these numbers to understand how comfortable business will feel in the country.
The national rating system will be developed based on the best world examples, but stakes will be placed on objectivity and competence.
(Alexander Dedkov, chief specialist of the department of prudential supervision methodology of the National Bank of Belarus)
There are over 100 rating agencies in the world. The main consumers of their information are large companies, financial institutions and even governments of other countries. Belarus is interesting from the point of view of the Customs Union with its multiple contacts and contracts. Second of all, the constant monitoring of financial indicators is a motivation to invest in the country's economy.
(Alexander Dedkov, chief specialist of the department of prudential supervision methodology of the National Bank of Belarus)
The National Bank offered to correlate debt securities with the values of the rating. All procedures, coordination and consultations have to be finished next year. Then the National Rating Agency of Belarus will start its official work.


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Source: http://www.tvr.by/eng/economics.asp?id=77952

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