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Bertelsmann Stiftung

European Credit Rating Agency: A Global Institution Deemed to be a Better Alternative

The Bertelsmann Foundation released on April 18th 2012 at its Washington conference a blueprint for a new sovereign debt rating agency called INCRA. As part of that effort, Annette Heuser, the Foundation’s executive director, held talks in early June with representatives of the European institutions based in Brussels. One result of the discussions was the realization of a change in ... Read More »

Bertelsmann Foundation Releases Blueprint for INCRA – An International Non-Profit Credit Rating Agency

The Bertelsmann Foundation released on April 18th 2012 at its Washington conference a blueprint for a new sovereign debt rating agency called INCRA. The mission of INCRA as an independent institution is to conduct sovereign-risk assessment, and to raise the quality of sovereign ratings.  The business model for INCRA is to be non-profit and based on investor pays for ratings ... Read More »

Bertelsmann Foundation to Develop New Business Model for Sovereign Debt Rating

The Bertelsmann Foundation (Bertelsmann Stiftung), based in Germany, has announced that it is moving forward with a model for a nonprofit ratings agency. Over the coming months the foundation will work with a group of international experts to carry out a study outlining a new type of agency whose sole purpose will be to evaluate individual countries. The Bertelsmann Foundation ... Read More »