Mongolian Investment Rating Agency
“MIRA” is a trusted source of investment ratings and analysis for Mongolia, helping investors navigate the complexities of the country’s economy and investment landscape.
RATING ACTIONS
Rating services
Institutional rating
Institutional rating is the assessment and provision of an opinion on an issuer’s overall capacity to pay its long or short-term financial obligation.
Issue rating
Issue rating is the assessment and provision of an opinion on specific corporate and public-sector debt issues or other financial obligations, which can be either long-term or short-term.
Project rating
Project finance rating is a type of credit rating that evaluates the creditworthiness of a project financing arrangement.
Structured finance rating
Structured finance rating is a type of credit rating that evaluates the creditworthiness of complex financial products that are created by pooling together various types of assets, such as loans, mortgages, and securities.
Due diligence
The detailed examination of a company and its financial records, business transactions, done before becoming involved in a business arrangement with it.
Rating process
- Initiation phase – Interviews Data and document collection, Credit rating analysis
- Onsite visit and interviews –Interview with management team and key staffs, Information validation
- Draft report and Credit rating committee meetings – Preparation of draft report of credit rating, Presenting credit rating findings to CR committee
- Feedback – Feedback on the draft report from the company
- Final report – Issue of the final rating grade and outlook, Finalization of the credit rating report
Credit Rating
At MIRA, we believe that reliable and accurate credit ratings are essential to support sustainable economic growth in Mongolia.
Our rating services provide investors with the insights and information they need to make informed decisions, driving investment and contributing to the long-term success of the Mongolian economy.
