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corporate risk-weight. The Basel II
introduction and the shift to the external credit ratings in BCBS (2006a) was one of the solutions to
differentiate asset
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credit rating agencies 4 4 4 4 4 4
branches and representative offices of foreign credit rating agencies 1 1 — — — —
Management
to riskier borrowers with current or past non-performance or loans with
subprime credit ratings. Bofondi et al. (2013) examine the impact of an increase in
credit ratings from credit requirements of the MM, provided that:
rating agencies ––the obligor has at least one credit rating from credit
––all assigned credit
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20.11.2023
and NPFs (MCs) to use alternative credit ratings in case some assets (counterparties) do not have a credit rating. The amount of assets subject to
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20.11.2023
financial asset exchanges, operators of investment platforms, operators of financial platforms, and credit rating agencies.
2 Federal Law No. 224-FZ, dated 27 July 2010, ‘On
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20.11.2023
the probability of default from 50% to 19% for assets with no credit ratings for insurers who do not pay dividends (do not distribute profits
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credit rating agencies 4 4 4 4 4
branches and representative offices of foreign credit rating agencies 1 1 — — —
Management
unsecured consumer
loan provisions after their surge in August.
Meanwhile, borrowers’ personal credit ratings have increased since the start of 2023.
With respect to consumer
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19.10.2023
Adjustment ratios on bonds eligible for the BoR secured loans of the Primary mechanism and the Supplementary mechanism of liquidity provision
Bonds Credit rating of