What does Fitch CCC rating mean?

a real possibility of default
CCC: a real possibility of default. CC: default is a strong probability. C: default or default-like process has begun. RD: issuer has defaulted on a payment.

Is Fitch an agent rating?

Fitch Ratings is an award-winning international credit rating agency. It ranks among the “Big Three credit rating agencies,” with the other two being Moody’s and Standard & Poor’s. Fitch Ratings provides forward-looking credit opinions (“ratings”) on investments, which reflects its likelihood of default.

What does Fitch Rd rating mean?

‘RD’ ratings indicate an issuer that in Fitch Ratings’ opinion has experienced an uncured payment default on a bond, loan or other material financial obligation but which has not entered into bankruptcy filings, administration, receivership, liquidation or other formal winding-up procedure, and which has not otherwise …

What is the current outlook of Fitch Ratings?

Fitch Ratings’ new interactive country-by-country map of bank rating trends shows that the balance of Outlooks globally has turned sharply negative since the onset of the coronavirus pandemic. A weekly tracker that monitors global financial institutions’ Long-Term Issuer Default Rating (IDR) actions.

What does Fitch Ratings navigator do for banks?

Ratings Navigator is a visual overview of the key quantitative and qualitative factors Fitch analyzes to arrive at an entity’s credit rating, and embodies our commitment to providing clarity to investors and issuers. Japan’s Major Banks – Is the Worst Over?

What does Fitch Ratings do for Russian banks?

Fitch Ratings publishes the Russian Banking System Datawatch report monthly to facilitate cross-market comparisons of key credit metrics in the Russian banking sector. Excel at managing your credit risk, gain deeper insights into the debt markets and get comprehensive macroeconomic intelligence using the Fitch Connect platform.

Which is the best rating for a bank?

A current level of 7.2 percent… more Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 67.7 and a capital leverage ratio of 21.0. A five year analysis… more