Internal credit risk ratings modified more than once a year, survey shows

Germany - 13 November 2009

Approximately 60% of responding financial institutions questioned in last week´s online survey on change their Internal Rating Models for credit risk more than once a year.

The results revealed that 18% of the participants even stated that they modify their rating models more than 5 times a year. The votes of the 180 participants revealed the fact that agility in the credit risk rating process is a matter of concern for many financial institutions.

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