Rating methodologies for banks
Year: 2011
Type: article
Abstract: The three major rating agencies are reassessing banks' credit risk in the light of the recent crisis. So far, this has resulted in material downgrades, especially of European and US institutions, and increased agreement about banks' overall level of creditworthiness and their greater dependence on public support than in the past. The agencies are also making efforts to enhance the transparency of bank ratings and the role of official support. Agency assessments of regulatory initiatives may affect policymakers' communication with financial markets.
Authors: Frank Packer, Nikola Tarashev
Institution: Bank for International Settlements
Language: German
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2113721770