History and key facts
Having started its functioning in 2008 and until the present day, Information & Rating Agency Credo Line operates on the Ukrainian market as the first specialized agency that assigns credit ratings to Ukrainian importing enterprises upon the initiative of world export credit agencies (ECA).
The Agency was established within the framework of cooperation and business initiatives on behalf of the world ECAs, as a reliable and independent expert to assess creditworthiness of companies from Ukraine.
The key principles in our business, which allows us to keep and to raise our professional level all these years are independence of our ratings / opinions, ensuring of loyal cooperation terms with partners, and discipline and probity within the collaborative process.
Contributing to these principles, the Agency had achieved the following results:
2008 – till now – the development of partnership ties with major ECAs worldwide (Euler Hermes Group, Eximbank Group, GIEK etc.)
During these years, we have been providing our partners with solely objective and reliable information / analysis / ratings. Being an expert in the issuance of credit, as well as any other, analytical opinions, the Agency experts always adhere to the principle of independence.
Our cooperation with the international ECAs, banks, associations, exporters and other partner groups is sustained by respective recommendations, available in our office or at the meeting with representatives of Credo Line.
2009 – expansion of credit assessment coverage
Having started its operations in assessing creditworthiness of companies from Ukraine, the Agency begins to issue its credit opinion as for the entire CIS region companies.
2009-2010 – expansion of professional staff
Along with this, it was decided to form an additional team of analysts including outsourcing team.
2010-2011 – Affiliation with the Ukrainian Holding "Best Line"
At the same time, an internal policy is being consolidated for better protection and safety of the Agency data and information by the means of smooth functioning of the corporate security service.
A certain complex of legal services related to foreign economic activity of our customers is launched.
2011 – start of cooperation with the analytical platform of the world rating agency Standard & Poor’s
2011 – Agency becomes a provider of business information on any world country
A partnership network around the world is actively expanding which in its turn is amplifying the users’ groups of Credo Line ratings. In this connection, all rating products (reports, overviews etc.) are being improved and updated.
Besides, customers are offered to use a subscription service system (as for Ukrainian business information), designed to become economically-beneficial and convenient method of financial risk management within an enterprise.
2013-2014 – attracting of additional functional tools for a balanced and correct doing business in Ukraine
In order to provide the business with new financial opportunities, transfer internal business processes into international mode; the Agency commences to provide its clients with professional services in the sphere of audit, IFRS, evaluation. In this, the support is extended by the Ukrainian audit company, successfully operating on the Ukrainian market for over 15 years.
2015 – Warsaw office Credo Line was opened
As part of a long-term plan, associated with the expansion of presence, as well as - the rapid adaptation of European quality standards for both Ukrainian and foreign clients / partners, the office in Warsaw (Poland) was opened.
2016 – Kiev Virtual Office LLC is a new member of our Group of companies
Kiev Virtual Office renders a full scope of business support services for companies as outside Ukraine, as within the country. A virtual office is a great opportunity to optimize all expenditures, yet to remain a solid and stable partner or client towards other businesses.
2016 - development of trade credit insurance in Ukraine
Not less important event of this period was the beginning of cooperation with the international insurance group, with a representative office in Ukraine. Trade credit insurance became possible and accessible to the Ukrainian counterparts by the aid of our co-project.