Category: Criteria

GCR Ratings (“GCR”) is occasionally required to qualify credit ratings issued within specific markets or jurisdictions in order to reflect any divergent or market related nuances which have the potential to detract from the comparability of GCR credit ratings across jurisdictions within which GCR provides credit rating services.

The Spanish sector risk score of ‘8’ is reflective of expectations of stable annuity income, supported by medium-long term leases, improving occupancy rates and generally good access to capital. The overall sector risk profile is weaker when compared to those of more developed European counterparts, as Spanish real estate is viewed as a more speculative investment proposition that is prone to higher earnings and value variability through the cycle.

GCR Publishes Insurance Sector Risk Scores for Benin, Botswana, Cameroon, Ghana, Malawi, Mauritius, Philippines and Tanzania. The Insurance sector risk score (ranging from 0 to 15) is a key factor in the operating environment component score. The core of the GCR Ratings Framework is based on GCR’s opinion that an entity’s operating environment largely frames its creditworthiness.

The core of the GCR Ratings Framework is based on GCR’s opinion that an entity’s operating environment largely frames its creditworthiness.

The financial institutions sector risk score, assessed on a scale between 0-15, is important in a number of ways. Firstly, as a key factor in the operating environment component score. The core of the GCR Ratings Framework is based on GCR’s opinion that an entity’s operating environment largely frames its creditworthiness.

The Insurance sector risk score (ranging from 0 to 15) is a key factor in the operating environment component score. The core of the GCR Ratings Framework is based on GCR’s opinion that an entity’s operating environment largely frames its creditworthiness.

The Financial sector risk score is important in a number of ways. Firstly, as a key factor in the operating environment component score. The core of the GCR rating framework is based on our opinion that an entity’s operating environment largely frames its creditworthiness.

GCR utilises the sector risk score in conjunction with the country risk score, to determine the operating environment risk score for each individual sector within South Africa. The following sector risk scores are intended to provide users with an overview of the major factors that impact GCR’s assessment of the relative risk of each sector in the local economy.