In his opinion, banks have begun to pay attention more frequently to the ratings of loan applicants, and consider it one of the basic manifestations of the corporate culture. The second added value of ratings is the process of selecting partners. The time is slowly coming to ask your partners for their ratings. A typical rating usually takes three months. The first month and a half is spent on preparing basic materials and presenting the company.
Rating is always determined as of a certain date.
Thereafter, the subject evaluated is continually monitored. Besides economic results, information appearing in newspapers and other information released by the company are followed. Also, companies must pay for the continuous monitoring, and if they decide that they are no longer interested, the agency involved will publish that the rating is no longer up to date. It's common occurrence today that each bond issued must obtain a rating from at least one agency included in the list of bodies supervising the capital market. In the Czech Republic, however, a parodoxical situation has arisen.