# Universal Credit Rating Group

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{{Short description|Credit ratings agency}}
{{Infobox company
| name = Universal Credit Rating Group (UCRG)
| logo = 
| logo_caption = 
| logo_alt = 
| type = 
| industry = [Financial services](/source/Financial_services)
| founded = {{Start date |2013}} in Hong Kong
| founder = [Dagong Global Credit Rating](/source/Dagong_Global_Credit_Rating), [Egan-Jones Ratings Company](/source/Egan-Jones_Ratings_Company), and [RusRating](/source/RusRating)
| defunct = 
| hq_location_city = [Hong Kong](/source/Hong_Kong)
| hq_location_country = [China](/source/China)
| area_served = Asia
| key_people = 
| products = [Credit rating](/source/Credit_rating)s
| num_employees = 
| num_employees_year = <!-- Year of num_employees data (if known) -->
| parent = 
| website = {{URL|http://www.ucrgratings.com/}} {{deadlink|date=May 2024}}
}}

'''Universal Credit Rating Group (UCRG)''' ({{zh|t=世界信用評級集團}}) was a  [credit rating agency](/source/credit_rating_agency) joint venture of capital from the US, China and Russia. UCRG was based in Hong Kong and designed to rival western credit rating agencies. 

== History ==
Plans to create UCRG were announced in October 2012,<ref name=Planned_UCRG>{{cite web |url=http://en.dagongcredit.com/content/details20_7016.html |title=Universal Credit Rating Group will be officially founded |publisher=Dagong Global |accessdate=25 June 2014 |archive-date=27 June 2014 |archive-url=https://web.archive.org/web/20140627173033/http://en.dagongcredit.com/content/details20_7016.html |url-status=dead }}</ref> and it was officially founded in Hong Kong in June 2013,<ref name=UCRG_launched>{{cite web|url=https://finance.yahoo.com/news/credit-rating-agency-challenge-big-3-firms-085031231.html |title=New credit rating agency to challenge Big 3 firms|publisher=Yahoo Finance |accessdate=25 June 2014}}</ref><ref>{{Cite web|url=http://finance.ifeng.com/a/20130701/10039716_0.shtml|script-title=zh:加拿大和美国人士看好世界信用评级集团|trans-title=Canadian and American Specialists Optimistic about UCRG|publisher=[Phoenix Television](/source/Phoenix_Television)|date =1 July 2013|accessdate=26 July 2014|language=zh}}</ref> as a partnership between [Dagong Global Credit](/source/Dagong_Global_Credit_Rating), [Egan-Jones Ratings](/source/Egan-Jones_Ratings_Company), and [RusRating](/source/RusRating). 

In 2014, it described itself as the only international credit rating agency based in the Asia Pacific area.<ref name=About_UCRG>{{cite web|url=http://www.ucrgratings.com/en/about.html |title=About UCRG|publisher=UCRG |accessdate=25 June 2014}}</ref>

On 23 June 2014, UCRG announced its 2015-20 operating plan along with the formation of an advisory council to the group chaired by former French Prime Minister [Dominique de Villepin](/source/Dominique_de_Villepin). The other initial members are former Australian Prime Minister [Kevin Rudd](/source/Kevin_Rudd), former Pakistan Prime Minister [Shaukat Aziz](/source/Shaukat_Aziz) and former Russian Foreign Minister [Igor Ivanov](/source/Igor_Ivanov).<ref>{{Cite web |url=http://news.xinhuanet.com/world/2014-06/23/c_126659831.htm|archive-url=https://archive.today/20140626084804/http://news.xinhuanet.com/world/2014-06/23/c_126659831.htm|url-status=dead|archive-date=June 26, 2014|script-title=zh:世界信用评级集团国际顾问理事会宣告成立|trans-title=Advisory Council for Universal Credit Rating Group Established|publisher=[Xinhua News Agency](/source/Xinhua_News_Agency)|date=25 June 2014|accessdate=26 June 2014|language=zh}}</ref><ref>{{Cite web|url=http://china.cnr.cn/news/201406/t20140624_515714037.shtml|script-title=zh:世界信用评级集团国际顾问理事会在京成立|trans-title=Universal Credit Group Advisory Council Established in Beijing|publisher=[China National Radio](/source/China_National_Radio)|date=24 June 2014|accessdate=26 June 2014|language=zh}}</ref>

== References ==
{{Reflist}}

== External links ==
* [https://web.archive.org/web/20180323031459/http://ucrgratings.com/ Archived copy of website (2018)]
{{HongKong-stub}}

Category:Financial services companies established in 2013
Category:Credit rating agencies
Category:Financial services companies of Hong Kong

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Adapted from the Wikipedia article [Universal Credit Rating Group](https://en.wikipedia.org/wiki/Universal_Credit_Rating_Group) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Universal_Credit_Rating_Group?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.