Universal Credit Rating Group
| Industry | Financial services |
|---|---|
| Founded | 2013 in Hong Kong |
| Founder | Dagong Global Credit Rating, Egan-Jones Ratings Company, and RusRating |
| Headquarters | , |
Area served | Asia |
| Products | Credit ratings |
| Website | www |
Universal Credit Rating Group (UCRG) (Chinese: 世界信用評級集團) was a credit rating agency joint venture of capital from the US, China and Russia. UCRG was based in Hong Kong and designed to rival western credit rating agencies.
History
[edit]Plans to create UCRG were announced in October 2012,[1] and it was officially founded in Hong Kong in June 2013,[2][3] as a partnership between Dagong Global Credit, Egan-Jones Ratings, and RusRating.
In 2014, it described itself as the only international credit rating agency based in the Asia Pacific area.[4]
On 23 June 2014, UCRG announced its 2015-20 operating plan along with the formation of an advisory council to the group chaired by former French Prime Minister Dominique de Villepin. The other initial members are former Australian Prime Minister Kevin Rudd, former Pakistan Prime Minister Shaukat Aziz and former Russian Foreign Minister Igor Ivanov.[5][6]
References
[edit]- ^ "Universal Credit Rating Group will be officially founded". Dagong Global. Retrieved 25 June 2014.
- ^ "New credit rating agency to challenge Big 3 firms". Yahoo Finance. Retrieved 25 June 2014.
- ^ 加拿大和美国人士看好世界信用评级集团 [Canadian and American Specialists Optimistic about UCRG] (in Chinese). Phoenix Television. 1 July 2013. Retrieved 26 July 2014.
- ^ "About UCRG". UCRG. Retrieved 25 June 2014.
- ^ 世界信用评级集团国际顾问理事会宣告成立 [Advisory Council for Universal Credit Rating Group Established] (in Chinese). Xinhua News Agency. 25 June 2014. Archived from the original on June 26, 2014. Retrieved 26 June 2014.
- ^ 世界信用评级集团国际顾问理事会在京成立 [Universal Credit Group Advisory Council Established in Beijing] (in Chinese). China National Radio. 24 June 2014. Retrieved 26 June 2014.
External links
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