CQS: Difference between revisions

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imported>Doug Williamson
(Create the page. Source CEBS mapping document https://www.eba.europa.eu/documents/10180/16166/4+Ausust+2006_Mapping.pdf)
 
imported>Doug Williamson
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== See also ==
== See also ==
* [[Corporate credit ratings: a quick guide]]
* [[Corporate credit ratings: a quick guide]]
* [[Credit Quality Step]]
* [[AAA]]
* [[AAA]]
* [[Credit rating agency]]
* [[Credit rating agency]]

Revision as of 16:30, 12 November 2016

Bank supervision.

Credit Quality Step.

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.


See also