Methodology for Assigning Credit Ratings with External Support

The methodology describes approaches to assessing the impact of external extraordinary support from supporting entities to associated financial and/or non-financial companies, as part of a credit rating process. These approaches are now harmonized for all rating scales and types of supporting entities and described in a single document.

Approaches to assessing external support effective before April 19, 2021 were previously described in the following methodologies: (1) Methodology for analyzing relationships between rated entities and a state on the international scale; (2) Methodology for analyzing relationships between rated entities and a state; (3) Methodology for analyzing relationships between companies within a group on the international scale; (4) Methodology for analyzing relationships between companies within a group; (5) Methodology for analyzing relationships between rated entities and supporting organizations outside the Russian Federation. All of the listed documents are also available in the archive for this methodology.