The 2008 recession has shown yet again the critical importance of Business Confidence - both for the health of the global economy and for the wellbeing of millions of companies of all sizes and types.

Confidence between supplier and customer, creditor and debtor, bank and borrower, between partners, contractors and their counterparties is absolutely vital.

So the loss of confidence and trust we have seen has resulted in lower business volumes, loss of bank liquidity, falling consumer demand and lowered standards of living.

We at OmniGrade are determined to help rebuild and maintain that confidence in order to restore and develop the Russian and global economies.

We will do it through using the monitoring that means constantly monitor all aspects of the debtor’s conditions. We are confident that through this approach we are able to keep our finger on the pulse and be up to the minute with conclusions about changing levels of risk for the creditor. While monitoring we rate changing company risk level by assigning the rating to it.

Rating is a long established tool but we have given it a new lease of life.

In assigning a rating we carefully analyze and assess all facets of the business and summarize it in form of subratings.

We are also applying the new and innovative approach of assigning an individual rating that relates specifically to a creditor, taking into account the particular relationships it has with its debtors.

An integral part of each rating we offer is a system of covenants which is based on a range of key measures; safety guidelines against which the creditworthiness of the debtor can be monitored.

In general, in our work we will always give absolute priority to the interests of a creditor; they need to be able to develop their business without fear of any potentially disastrous consequences resulting from credit crises.

However, be assured that a bone fide debtor need not be at all concerned - we do not make short term or off-the-cuff decisions about their credit status. Our decisions are objective, impartial and based on in-depth and timely reviews.

Our role is to make our customers feel relaxed and confident about the future. Our aim is to help restore and maintain confidence in the economy!

The OmniGrade Team