Classification of personal credit rating of banks
Integrity: AAA, AA, A.
Reliability: BBB, BB, B.
Credit warning: CCC, CC, C.
Credit rating refers to the classification of enterprise credit by credit (credit) evaluation institutions according to the results of enterprise credit evaluation, which reflects the credit level of enterprises. In western countries, corporate credit ratings are divided into AAA, AA and A, while others are divided into 3A, 3B and 3C.
Guide investors' behavior by defining enterprise categories. The credit evaluation and rating of Chinese enterprises began in the 1980s. General enterprises are only divided into three grades. Some places use foreign representatives, namely AAA, AA and A, and some places use representatives from China, which are called first-,second-and third-class enterprises. With different credit ratings, the difficulty and conditions for enterprises to raise funds and obtain bank loans in the market are very different.
The setting of credit rating refers to providing users with easy-to-understand credit quality information reflecting the credit reliability of rating objects through certain symbols on the basis of strict analysis.
The setting of credit rating is a way to express and transmit evaluation information. If the rating symbols are complicated and obscure, then such evaluation information will be difficult for investors to understand and accept. Therefore, it is necessary to set the credit rating scientifically and reasonably, and the setting of the credit rating should be simple and easy to understand.
The credit rating of enterprises in China is divided into AAA, AA, A, BBB, BB, B, CCC, CC, C and D according to the internationally accepted rating scale, which is also an important index system to measure the financial ability of enterprises.
The credit rating evaluation process is as follows:
1. The rating team submits the credit rating report and working papers after the three-level review to the internal credit review committee of the credit rating agency;
2. The internal credit review committee shall hold a review meeting. The review meeting will listen to the appraiser's introduction, discuss, question and review the credit rating report and working papers, and put forward opinions on the revision of the credit rating report; The credit evaluation committee determines the credit rating of the rating object according to the credit rating method and rating restriction conditions;
3. The rating team modifies the credit rating report according to the credit rating and evaluation opinions decided by the credit evaluation committee;
4. The rating results shall be valid only if more than two-thirds of the members of the evaluation committee agree.