Banking service chronicle published this article page no 2 this article was published in the month of november credit rating agency evaluates the credit rating of a debtor by analyzing the qualitative and quantitative attributes of the entity in question. it is not involved in the transaction of the deal and therefore is deemed to provide an independent and impartial opinion of the credit risk o presently there are three prominent credit agencies that control 85% of the overall ratings market moodys investor services standard and poors (s&p) and fitch group. Banking service chronicle magazine buy types of credit ratings - investment grade ratings mean the investment is considered solid and speculative grade investments are high risk. issues with credit rating and cra pro-cyclicality of ratings this means ratings are conditionally better during a boom and conditionally worse during a downturn. they therefore possibly increase the risk of financial crises occurring and deepening. the 1997–1998 asian crisis highlighted cras potential for reinforcing booms-and-busts of capital flows Banking service chronicle magazine subscription.
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