Key points / questions answered:
- What are the three sets of bank rating methodologies in detail?
- How rating agencies apply their own methodologies?
- Understand the Banking Industry Country Risk Assessment
- What are the individual rating factors, bank rating criteria and methodologies?
- Comprehend how the bank rating criteria interrelate with ratings of other entities?
- How rating agencies derive their rating decisions and how to anticipate rating changes?
The seminar enables the participants to deepen their expertise concerning bank credit ratings and thoroughly understand the rating agencies‘ world. The seminar discusses the three sets of bank rating methodologies of S&P, Moody‘s and Fitch. Through detailed case studies the participants understand how the rating agencies apply their own methodologies, and which questions remain unanswered in the public rating reports.
International rating agencies assess a bank‘s creditworthiness according to their own methodologies and criteria. Consequently, even taking into account the same set of hard fact data, rating outcomes may vary significantly form one rating agency to another. The large number of rating factors, and the complex interrelationships between various entities‘ ratings and their different sectors, make it very difficult to track rating decisions and almost impossible to predict them.
The seminar deals on one hand with the individual rating factors and thus the basic bank rating criteria, on the other hand practical examples in the form of detailed case studies for rated banks will lead participants to in-depth understanding of the rating agencies‘ world. In addition the seminar discusses a selection of current ratings, in order to compare them qualitatively and quantitatively. Furthermore the seminar covers current events and will evaluate how they might impact on specific banks‘ ratings.
The aim of the seminar is giving participants a thorough understanding of international bank rating criteria and discussing how they interrelate with ratings of other entities (e.g. central government and local authorities). The detailed work on the case studies allows participants to break down far-reaching events in the banking sector to a single credit rating and use the knowledge for each individual own purpose. By guiding the participants through the various bank rating methodologies, the seminar explains how rating agencies work in detail and how they derive their rating decisions. This facilitates the participants to anticipate rating changes and initiate appropriate measures on a timely basis.