NCRA provides the following services:
- Credit rating of entities
- Credit reports of entities based on public information
- Credit research
- Sector analysis
NCRA’s focus is on issuing domestic ratings to three potential types of issuers in Bulgaria: corporates, financial institutions and municipalities.
In addition to ratings of entities, NCRA will also evaluate specific debt issues and project financings.
The primary purpose of NCRA is to assess the rated entity’s creditworthiness, which means to evaluate the risk of payment of its loans, bonds and other sources of non-equity financing.