CQS

From ACT Wiki
Revision as of 16:30, 12 November 2016 by Doug Williamson (Talk | contribs) (Add link.)

Jump to: navigation, search

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