Press Releases / 11.10.2017

Press Release as of 11.10.2017

Ulyanovsk Regional Surety Fund

AK&M Rating Agency has withdrawn the guarantee institution rating of the Fund "Corporation of Business Development of Ulyanovsk region" ('A', sub-level 3, stable outlook) due to the rating contract expiration and the Fund's refusal to h

AK&M Rating Agency assigned a guarantee institution rating to the Fund "Corporation of Business Development of Ulyanovsk region" for the first time on October 13, 2015. The last rating action was taken on October 4, 2016. All rating action announcements are available on the website.

The rating, along with any information and conclusions provided in this press release, only conveys our opinion on the Fund's reliability and shall not be construed as a recommendation to purchase or sell securities, or to lend funds.

AK&M Rating Agency shall not be held liable for any interpretations, inferences and consequences related to the application of results of the rating estimation procedure by any third parties.

AK&M Rating Agency is a leading independent national rating agency engaged in rating activities since 1993.

AK&M Rating Agency

Ul. Gubkina 3, Moscow, Russia

Phone no.: (495) 916-70-30, fax no.: (499) 132-69-18.