the International rating Agency Standard & Poor’s affirmed Russia’s rating at “BBB-“, Outlook stable. Agency experts have warned that the sovereign credit rating of the country can influence negative factors, such as the tightening of sanctions against energy companies or large banks of Russia, reports TASS.
Standard & Poor’s is included in the “big three” rating agencies together with Moody’s and Fitch Rating. It exists since 1860, and estimates more than 100 countries. The company has also established stock indexes S&P for international and U.S. securities markets.
Credit rating indicates the degree of reliability of securities issued by a company, Corporation or country.