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Moscow Exchange interested in investing into Russia's new rating agency

August 05, 2015, 9:54 UTC+3 MOSCOW

The capital of the national rating agency is planned at roughly $47.7 mln

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© ITAR-TASS/Stanislav Krasilnikov

MOSCOW, August 5. /TASS/. The Moscow Exchange does not rule out its participation in the capital of the national rating agency to be established in Russia, Chief Financial Officer of the exchange Evgeny Fetisov said on Wednesday.

"We will definitely consider that; it may be interesting for us. We believe this may be a highly important element of the stock market infrastructure," Fetisov said.

Its capital is planned at 3 bln rubles ($47.7 mln) with equal distribution of shares among investors totaling up to 5%. Preliminary subscription to shares will be held by the end of August 2015. Banks, insurance and asset management companies as well as issuers, may become investors.

Such financial institutions as VTB, Gazprombank, Rosgosstrakh, Alfa-Bank, and Binbank expressed their desire to participate in the project.

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