Launched in Germany in June 2017, TRIBRating is a new rating service specifically designed for
SMEs and MidCaps, provided by Euler Hermes Rating GmbH. 
TRIBRating aims at enabling smaller businesses to gain a transparent and internationally comparable credit rating
using the well known AAA to D full spectrum global scale.
Its methodology was developed in collaboration with Moody’s Investors Service; coupled with Euler Hermes’ extensive credit risk and sector knowledge, TRIBRating recognizes, analyzes and monitors the specific credit characteristics of SMEs and MidCaps.

About Euler Hermes Rating and the collaboration with Euler Hermes & Moody’s Investors Service

Euler Hermes Rating GmbH is a European, independent, regulated credit rating agency which issues credit ratings of entities and their fixed-income securities and other financial instruments, credit risk assessments and other associated products, services, analysis, research and opinions.
Euler Hermes Rating is registered as a credit rating agency (CRA) in accordance with Regulation (EC) No 1060/2009 (as amended) and is considered as an external credit assessment institution (ECAI) under Regulation (EU) 575/2013 on prudential requirements for credit institutions and investment firms.
It specializes in credit rating services for small, medium sized (SMEs) and MidCaps enterprises, the area in which it collaborates with leading global credit rating agency, Moody’s Investors Service.
The dedicated methodology for SMEs and Midcaps that underpins the TRIBRating offering was developed in collaboration with Euler Hermes and Moody’s Investors Service.
Euler Hermes Rating is a subsidiary of Euler Hermes (ELE:PA), the world leader in trade credit insurance. The Moody’s group also owns a minority stake in Euler Hermes Rating.


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