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September 27, 2021

CCXAP publishes Request for Comment (RFC) on the proposed update to Rating Methodology for Banks

Hong Kong, 27 September 2021, China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) proposes update to its rating methodology for banks, which is believed to improve its assessment of bank credit quality as well as provide more transparency. The proposed methodology applies to banks globally.

 

In this request for comment, CCXAP invites interested market participants to submit written comments on the proposed rating methodology by 26 October 2021 through Request for Comment page or sent to info@ccxap.com. CCXAP will review and take all received comments into account before publication of the methodology.

 

PROPOSED METHODOLOGY UPDATE FOR BANKS: [LINK]

REQUEST FOR COMMENT PAGE: [LINK]