Source Issuer Rating
AA_DE Debeka Lebensve.. A
AA_DE Allianz Private.. A+
AA_DE Debeka Allgemei.. 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


Currently 4 companies are registered as “Calificadoras de Riesgo” with Commission Nacional de Valores (“CNV Argentina”): http://www.cnv.gob.ar/infofinan/calif/pub/esp/app/ca_CR_Sel.asp?Lang=0

Evaluadora Latinoamericana S.A. Calificadora de Riesgo

Fitch Argentina Calificadora de Riesgo S.A.

Moody s Latin America Calificadora de Riesgo S.A.

Standard & Poor s International Ratings, LLC. Sucursal Argentina

The following market segments are defined in Argentina: Acciones, Obligaciones negociables, titulos de deuda de corto plazo, titulos publicos, fondos communes de inversion, fondos communes cerrados de credito, fidceicomissos financieros.

At CNV dedicated webpage on CRAs (califcadoras de Riesgo), substantial information on each CRA is available:

-        Rating methodologies

-        Rating transitions and default study

-        Pricing schedules

-        Financial statements (annual and quarterly)

-        Information on key personnel

On CNV Argentina website, you may look up publicly available ratings in Argentina: http://www.cnv.gob.ar/infofinan/calif/pub/esp/app/ca_TT_Sel.asp?Lang=0


Relation with European Union

On April 18th, 2012 ESMA announced that it considers the regulatory regime for Credit Rating Agencies in Argentina to be in line with European Union rules.  In July 2012, ESMA and the CNV Argentina entered into a Memorandum of Understanding regarding the cooperation of competent authorities for the supervision of Credit Rating Agencies. Since then, ratings issued in Argentina can be endorsed by EU rating agencies.

On April 28th, 2014, the European Commission adopted the implementing decision on the recognition of the legal and supervisory framework in Argentina as equivalent to the requirements of the EU Regulation on CRAs. 

To see more register now...