PPT-Demystifying the Credit Rating Process Menyikoba Boadi

Menyikoba Boadi Presentation to the Nigerian Actuarial Society 17 May 2023 NAS Lecture Credit Rating Process 17 May 2023 2 NAS Lecture Credit Rating Process 17 May 2023 Introduction 3. Additional Grou nds for Withdrawal of Credit Rating Perpetual Instruments or certain instruments which are perpetual in nature ICRA may withdraw the ratings assigned to such instruments under the following conditions 1 Public Deposits a If the ompan Additional Grou nds for Withdrawal of Credit Rating Perpetual Instruments or certain instruments which are perpetual in nature ICRA may withdraw the ratings assigned to such instruments under the following conditions 1 Public Deposits a If the ompan PACRA . Credit Ratings For Islamic . Instruments. . May 07’12. 1. ADNAN AFAQ. MD PACRA. About PACRA. 1. PACRA, Pakistan’s first rating agency – 1994. Dan diBartolomeo. Northfield Information Services. January 2012. The Matter At Hand . One of the largest contributing factors to the Global Financial Crisis of 2008-2009 was the huge number of fixed income instruments with very high ratings (e.g. AAA) that were either severely downgraded or went into actual default. . Meaning. Nature of Credit Rating. Types of Credit Rating. Financial. Obligations. Benefits of Credit Rating. - Investors. - Company. - Financial Intermediaries. Factors Responsible for the growth of Credit Rating. - term Notes Inner Mongolia Yili Industrial Group Co., Ltd. 1 Inner Mongolia Yili Industrial Group Co., Ltd. ’ s 2019 - 1 Medium - term Notes Ratings: Long - term credit rating of the issuer: AAA R VIS www.vis.com.pk Page 1 of 6 RATING REPORT Lucky Cement Limited ( LCL ) REPORT DATE: February 19 , 20 20 RATING ANALYST: Talha Iqbal talha.iqbal@vis.com.pk Asfia Aziz asfia.aziz@vis.com.pk COMPANY Nigeria Bank Analysis LAPO Microfinance Bank Limited Nigeria Bank Analysis Dec emb er 20 20 Financial d ata: (USD m c om parative ) 31/12/18 31/12/19 NGN/USD (avg.)* 305.6 306.4 NGN/USD (close)* 30 WemaBank PlcNigeriaBank AnalysisJuly2020Financial dataUSDmcomparative31/12/1831/12/19NGN/USD avg30563064NGN/USD close30653065Total assets 1579823060Primary capital16601800Secondary capital805806Net ad cies shifted their business model from investor pays to issuer paysrating agencies shifted their business model from investor pays to issuer pays11 Winformation by offering judgmentsthey prefer the w INTRODUCTION. Many a times it has happened that investors in debentures or fixed deposits were shown rosy pictures of companies and offered very high rates of interests by bogus companies and in the end the investor neither got his money back nor the promised interest.. on the Determinants of Credit Rating Quality. Paul Klumpes. , Aalborg University Business School, Denmark. Iliya Komarev. , Montpellier Business School, France. Konstantinos Eleftheriou. , University of Piraeus, Greece . 31 July 2023. 1. . Brenden Sager, Austin Energy, Chair. Loretto Martin, NRG, Vice Chair. General Update. July 24 CFSG meeting. Voting matters. Operational NPRR’s without credit impacts. Discussion items . PACRA . Credit Ratings For Islamic . Instruments. . May 07’12. 1. ADNAN AFAQ. MD PACRA. About PACRA. 1. PACRA, Pakistan’s first rating agency – 1994.