ACRA (Analytical Credit Rating Agency; Russian: Аналитическое Кредитное Рейтинговое Агентство - АКРА) is a rating agency based in Moscow, Russia.
[2] Due to the withdrawal of US-based rating agencies because of Russian legislative changes and sanctions against Russia,[3] ACRA was expected by analysts to become Russia's main ratings issuer.
[4] ACRA is deemed too demanding by a number of Russian companies, and is compared unfavorably to its competitor Expert RA, which is seen as putting its customers first.
The agency was accused of benefiting from state favoritism by Expert RA, a local competitor.
[8] Partnering with CSCI Pengyuan In 2024, ACRA signed a MoU with A Chinese credit rating agency CSCI Pengyuan to facilitate the entry of issuers to the markets of China and Russia, exchange information on rating methodologies in order to harmonize them, and perform joint analytical research.