Credit Quality Step: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: linked pages.) |
imported>Doug Williamson (Layout and add links.) |
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''Bank supervision | ''Bank supervision'' | ||
(CQS). | (CQS). | ||
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* [[Credit rating agency]] | * [[Credit rating agency]] | ||
* [[Fitch]] | * [[Fitch]] | ||
* [[Level 1 liquid asset]] | |||
* [[Level 2 liquid asset]] | |||
* [[Moody's]] | * [[Moody's]] | ||
* [[Standard & Poor's ]] | * [[Standard & Poor's ]] |
Revision as of 15:10, 13 November 2016
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.