The international rating agency Moody's Investors Service, one of the " This is stated in the message of Moody's Corp..

The measure was applied to Russia as part of the fourth package of EU sanctions.

Earlier, the company also announced the suspension of commercial activities in Russia..

As a reminder, within the framework of the fourth package of sanctions adopted by the EU countries on March 15, 2022, European agencies are prohibited from rating the Russian Federation and Russian companies, as well as providing rating services to Russian clients..

At the beginning of this week, the credit ratings of all Russian companies and organizations were withdrawn by the international rating agency S\u0026P Global Ratings.

Fitch Ratings, another international rating agency of the Big Three, announced plans to withdraw all ratings in the Russian Federation in accordance with the sanctions imposed by the European Union against the Russian Federation this week..

A credit score is an indicator that helps you understand how safe it is to trust an organization with your money.. Banks, insurance companies, non-state pension funds (NPFs) and other financial institutions that work with private clients usually have such ratings.

The rating takes into account not only the current financial position of the company, the amount of capital and the amount of debt, but also the entire previous financial history. The organization's high credit rating means that it is practically safe to trust it with money: it has always paid the bills before and now its position is quite stable. And low - that you are taking a big risk by contacting her: her business is not going very well and it is extremely likely that she will go bankrupt.