Credit Benchmark

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Credit risk - creditworthiness.

Credit Benchmark is a privately owned company that measures the creditworthiness of a large number of entities, most of which do not have a traditional credit rating.


Data sources
"Regulatory changes have led to the world’s major banks essentially creating their own micro credit rating agencies...
The [anonymised] data collected from contributors is a specific measure of credit risk: a one-year, forward-looking Probability of Default (PD) and forward-looking senior unsecured Loss Given Default (LGD)...
Contributors have a strong incentive to ensure the accuracy of each PD and LGD, which are used in their regulatory submissions, leading to a credible market view of credit risk."
Credit Benchmark webpage. Accessed June 2020.


See also