Profile
Cerved Rating Agency is a European Credit Rating Agency, leader in Italy (in the sector of rating activities) for non-financial corporate credit ratings provided to both corporate companies and financial institutions. The credit rating activities involve the issuance of solicited and unsolicited public and private ratings on non-financial companies. They are produced both for regulatory purposes (under Regulation EU 575/2013), upon banks request, and for the risk assessment of entities upon their own or third parties’ request.
Country of residence: Italy
Registration status
Cerved Rating Agency is registered as CRA in the European Union with ESMA since December 2012.
Since 1. January 2014, Cerved Rating Agency is a recognized ECAI across the whole European Union. Prior to that, Cerved Rating Agency was recognized as an ECAI in Italy by Bank of Italy since 2009.
Cerved Rating Agency is considered a small Credit rating agency for the purpose of Article 8d of CRAIII.
Rating Activity
Based on ESMAs CEREP database, we find the following rating activity for Cerved since 2015:
Rating scale and mapping
Cerved Rating Agency uses the following Long-term Credit Rating Scale:
The mapping to regulatory steps in the banking sector in the EU is based on the latest available mapping from the European Banking Authority available here. The mapping to regulatory steps in the insurance sector in the EU is based on the latest available mapping from the European Insurance and Occupational Pensions Authority available here.
Useful links
List of recent rating activity
Latest EU transparency report (in Italian)
Initial/preliminary rating disclosures (as of September 2023)Default study only available via a request
