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Source Issuer Rating
AA_DE VGH Provinzial .. A+
AA_DE IDEAL Versicher.. A
AA_DE Neue Bayerische.. A+
AA_DE VGH Landschaftl.. A+
JCRER - 2018-03-15
JCR Eurasia Rating has affirmed the credit ratings of Ak Faktoring A.Ş. and “Cash Flows arising from Bond Issuances” as ‘BBB+ (Trk)’ on the Long Term National Scale and A-2 (Trk) on the Short Term Nat

JCRER - 2017-09-29
JCR Eurasia Rating has reaffirmed the credit ratings of the consolidated structure of “Boyner Perakende ve Tekstil Yatırımları Anonim Şirketi and its Subsidiary “and “Cash Flows Relating to the Outsta

JCRER - 2017-09-29
JCR Eurasia Rating has reviewed and affirmed the credit ratings of T.C. Ziraat Bankası A.Ş. and its Consolidated Structure as ‘AAA (Trk)’ on the Long Term National scale and ‘BBB-‘ on the Long Term In

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Country of Residence:
Languages spoken:
English, Italian

CRIF is an Italian rating agency covering the Italian Mid-cap market on an unsolicited basis since early 2011. CRIF has started to assign Corporates ratings on an issuer-pays basis. CRIF''s revenues predominantly relate to business information and credit scoring activities in several countries.

Registered as CRA in the EU:
Certified as CRA in the EU:
ECAI Status:
European Union

CRIF is registered as CRA with ESMA since December 22nd, 2011.

Since 1. January 2014, CRIF is also a recognized ECAI across the whole European Union. 

On November 1st, 2016, the following mapping of ECAI ratings to the 6 Credit Quality Steps under the Standardized approach for Banks (Capital Requirements Regulation, CRR) and the 7 Steps under Solvency II for insurances in the EU entered into force:


Note that additional rating scales may have been mapped. To view all mappings, login with your account and read the “RP Research” on this agency. To see how this agency’s mapping compares with other agencies, please read our dedicated page on the EU ECAIs.

CRIF is considered a small Credit rating agency for the purpose of Article 8d of CRAIII. 

Market Segments Covered:
Other Corporates
Countries Covered:
Business Model:
hybrid model

Business model: CRIF operates under a hybrid model. CRIF started by assigning unsolicited ratings to Italian mid-cap companies and now proposes also ratings solicited by the issuer. In addition, CRIF rates upon investors request.

Coverage: CRIF covers non-financial mid-cap Italian companies.

Availability of ratings and reports at website: a list of rated entities is available here (rating reports are not available):