In this video, Professor Moorad Choudhry provides an in-depth explanation of credit ratings, their significance in the financial sector, and the methodology behind the rating process. He discusses the role of major global credit rating agencies such as Standard & Poor's, Moody's, and Fitch, as well as the importance of ratings for borrowers, lenders, and investors.
Learn about the credit rating scale—from AAA to sub-investment grade—and why even lower ratings can provide valuable insights for firms and stakeholders.
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The Principle of Banking 2nd Edition:
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