DBRS reports that it has been approved as an eligible External Credit Assessment Institution within the Eurosystem Credit Assessment Framework by the Governing Council of the European Central Bank. The ECAF defines the procedures, rules and techniques that ensure the Eurosystem requirement of high credit standards for all eligible assets to be used by counterparties […]
Conduits sponsored by six Canadian and two international banks now meet the GLS-ABCP standard
DBRS decided to review and update its ABCP rating methodology after the market suffered a disruption that saw many issuers unable to secure financing
Credit ratings confirmed after BNS buys Chilean bank
Revisions will require examination of multiple factors, ratings agency says
Assets continue to perform in a manner that is consistent with the ratings that have been assigned, DBRS says
Alliance another milestone in global expansion for ratings agency
Rating agency DBRS sees BNS’s international operations as a key component of the bank’s growth strategy
No additional lift from external support
Ratings agency has not tried to quantify probability of support