Launch of I-Rating module for Municipalities in Slovak Republic

The first module of the application which was launched in November 2006, allows users to easily download a rating of any municipality in Slovakia, by searching via name and ID.

In the next months, the application will be enhanced with new SME modules, for the rating calculation of Slovak small and medium enterprises by exploiting reference data bases information. Developed by a team of experts, I-Rating methodology is based on an extended database of information and on sophisticated scorecards and rating algorithm. Such methodology includes the evaluation of financial and non financial reliability, with a result made of seven degrees of rating which shows a scale of creditor´s risk.