Midroog was established in 2003 by a group of institutional and private Israeli entrepreneurs and Moody's.
Midroog established itself as a leading provider of domestic credit rating and research services in Israel. Midroog’s credit ratings, research and analysis cover a wide range of sectors and asset classes, such as real estate and other non-financial corporations, holding companies, banks, insurance companies, government-owned entities, infrastructure companies and project finance transactions. In the structured finance space, Midroog covers asset-backed securities (ABS), collateralized debt obligations (CDO), exchange traded funds (ETF), securitization of future cash flows (FCF), and whole business securitizations (WBS).
Over time, Moody’s increased its stake in Midroog to 51%. Although Midroog is now a majority-owned subsidiary of Moody’s, Midroog's ratings and procedures are independent and separate from Moody's. Midroog has its own rating methodologies, policies and procedures, and independent rating committee.