S&P reconsidering how it evaluates country banking risk

13 May 2010

Standard and Poor’s is requesting market comments on proposed changes to how it makes banking industry country risk assessments (BICRAs).

"As a result of the depth of the downturn in the financial sector, and the repercussions for the broader economy, S&P is reevaluating the effects of innovation and developments in the banking industry and their implications for creditworthiness," it said.

BICRAs are S&P’s evaluation of the risk profile ...

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