News & Events
2022.8.2
CCXAP publishes its rating methodology for Chinese non-performing loan securitizations
Hong Kong, 2 August 2022, China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has published a new methodology for assessing the credit quality of Chinese Non-Performing Loan Securitizations. The methodology applies to securities backed by NPLs originating in China. CCXAP has not rated any structured products that match our definition of NPL securitizations as of today, so adoption of this methodology is not expected to cause any rating changes.
RATING METHODOLOGY FOR CHINESE NON-PERFORMING LOAN SECURITIZATIONS: [LINK]