Credit Quality Step: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Mend links.) |
imported>Doug Williamson (Add link.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
''Bank supervision'' | ''Bank supervision''. | ||
(CQS). | (CQS). | ||
| Line 11: | Line 11: | ||
6 is the lowest quality, corresponding to CCC+ and worse in Fitch's and S&P's ratings. | 6 is the lowest quality, corresponding to CCC+ and worse in Fitch's and S&P's ratings. | ||
CQS 1, 2 and 3 correspond to investment grade. | |||
CQS 4, 5 and 6 are non-investment grade. | |||
== See also == | == See also == | ||
* [[AAA]] | |||
* [[Bank supervision]] | |||
* [[Corporate credit ratings: a quick guide]] | * [[Corporate credit ratings: a quick guide]] | ||
* [[ | * [[Credit]] | ||
* [[Credit rating agency]] | * [[Credit rating agency]] | ||
* [[Fitch]] | * [[Fitch]] | ||
* [[Investment grade]] | |||
* [[Level 1 liquid assets]] | * [[Level 1 liquid assets]] | ||
* [[Level 2 liquid assets]] | * [[Level 2 liquid assets]] | ||
* [[Moody's]] | * [[Moody's]] | ||
* [[Standard & Poor's ]] | * [[Standard & Poor's ]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 12:01, 6 July 2022
Bank supervision.
(CQS).
A CQS is a simplified and standardised scale of credit quality, mapped to the credit ratings of the largest credit rating agencies.
The Credit Quality Steps are whole numbers from 1 to 6.
1 is the highest quality, corresponding to ratings of AA- and better in Fitch's and Standard & Poor's (S&P's) ratings.
6 is the lowest quality, corresponding to CCC+ and worse in Fitch's and S&P's ratings.
CQS 1, 2 and 3 correspond to investment grade.
CQS 4, 5 and 6 are non-investment grade.
