EUROPEAN RATING AGENCY


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RATINGTICKER
Source Issuer Rating
AA_DE Generali Deutsc.. A
AA_DE Credit Life AG A+
AA_DE PrismaLife AG BBB+
AA_DE RheinLand Versi.. A+
AA_DE ALTE OLDENBURGE.. A++
NEWS
RP - 2020-10-27
OECD updates country risk classification for 3 countries

RP - 2020-08-21
The Indian Rating market

RP - 2020-06-29
OECD updates country risk classification

Overview

Name:
European Rating Agency
Abbreviation:
ERASK
Country of Residence:
Slovak Republic
Webpage:
Languages spoken:
Czech, English

The key activity of the EUROPEAN RATING AGENCY, a.s. (ERA) is a preparation of rating assessments of organisations (municipalities, non-financial and financial institutions) and issues. These analytical assessments are developed for entities operating in diverse industries. ERA started its market operations in 2001 as a local rating agency in the Slovak republic. At present, ERA issues ratings mainly to entites on the Slovak market and some other EU countries.

Registered as CRA in the EU:
Yes
Certified as CRA in the EU:
No
ECAI Status:
European Union

ERA is registered as CRA with ESMA since July 30th, 2012.

Since 1. January 2014, ERA 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.

 

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

Market Segments Covered:
Sub-Sovereign
Countries Covered:
Czech Republic
Business Model:
Issuer-pays

Business model: ERA assigns ratings on an issuer-pays basis.

Coverage: ERA covers Municipalities in Slovakia

Availability of ratings and reports at website: short summaries on the rated municipalities are available at ERA’s website.

ERA issues public and private ratings. Ratings and summaries of rating reports for all public ratings are made publicly available free of charge in Slovak or Czech language through ERA's web site www.euroratings.co.uk. Please contact ERA if you are interested in these summaries in other language.