Universal Credit Rating Group

Universal Credit Rating Group (UCRG) was a Chinese credit rating agency based in Hong Kong that was designed to rival western credit rating agencies. It was established in 2013 and appears to have been closed around 2018.

History
Plans to create UCRG were announced in October 2012, and it was officially founded in Hong Kong in June 2013, as a partnership between Dagong Global Credit, Egan-Jones Ratings, and RusRating.

In 2014, it described itself as the only international credit rating agency based in the Asia Pacific area.

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. The other initial members are former Australian Prime Minister Kevin Rudd, former Pakistan Prime Minister Shaukat Aziz and former Russian Foreign Minister Igor Ivanov.

The company appears to have stopped operating and its web site was closed down around 2018.