Credit Quality Step: Difference between revisions

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''Bank supervision''
''Bank supervision''.


(CQS).
(CQS).
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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]]
* [[AAA]]
* [[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.


See also