Ratings Scales / Creditworthiness scale
Creditworthiness scale

AK&M Creditworthiness Rating Scale has four rating categories representing different degrees of creditworthiness.

Rating categories

Rating category

Description

A

High creditworthiness

B

Sufficient creditworthiness

C

Low creditworthiness

B

Poor creditworthiness

Each of the rating categories (except for D) has sub-categories (levels) differentiated by modifiers '++', '+', and ''.

Rating level

Description

Risk evaluation

A++

Extremely high creditworthiness

Risk of a delay in meeting obligations is minimal

A+

Very high creditworthiness

Risk of a delay in meeting obligations is insignificant

A

 High creditworthiness

Risk of a delay in meeting obligations is low, full or partial debt restructuring risk is minimal

B++

Sufficient creditworthiness

Risk of a delay in meeting obligations is moderate, full or partial debt restructuring risk is insignificant

B+

Sufficient creditworthiness

Full or partial debt restructuring risk is low

B

Sufficient creditworthiness

Full or partial debt restructuring risk is moderate

C++

Low creditworthiness

Full or partial debt restructuring risk is significant

C+

Low creditworthiness

Full or partial debt restructuring risk is low

C

Low creditworthiness

Default risk is extremely high

D

Poor creditworthiness

Default case

For any of the rating categories (except for 'D'), AK&M Rating Agency provides an outlook conveying its opinion on the possible creditworthiness rating upgrade or downgrade on the middle-term horizon. The outlook may be positive, stable, or negative.

As a more precise rating instrument, AK&M Rating Agency may use three additional tiers represented by the figures 1, 2, and 3. Tier 1 indicates the higher end of its respective generic rating category.

The rating outlook and the rating sub-category tier are separate rating components which do not depend on each other.

The creditworthiness rating scale is applied when estimating the creditworthiness of financial institutions, companies, production enterprises, regions, and bond issues.





Яндекс.Метрика