Criteria

Criteria

Overview

The GCR ratings framework is a transparent, quantifiable and comparable credit ratings system. It is applicable for all corporate, financial institution, insurance and public sector ratings. It is not directly applicable for Structured Finance ratings, whose criteria and methodology can be accessed below

 

 

 

 

Criteria

  • Criteria for the GCR Ratings Framework (Download) / CRITÈRES RELATIFS AU CANEVASDE NOTATIONDEGCR (Download)
  • Criteria for Rating Supranational Institutions (Download) / CRITÈRES DE NOTATION DES INSTITUTIONS SUPRANATIONALES (Download)
  • Jurisdictional Supplement for Criteria (Download)
  • Criteria for Rating Investment Holding Companies (Download) / CRITERES DE NOTATIONDES HOLDINGS D’INVESTISSEMENT (Download)
  • Criteria for Secured Bond Expected Loss Credit Ratings (Download)

Research Piece

Issuer Credit Ratings, Issue Credit Ratings and Expected Loss (‘EL’) Ratings (Download)

Frequently Asked Questions: Distressed Debt Exchanges (Download)

Frequently Asked Questions: How GCR analyse legal entities operating within groups (Download)

Credit Spotlight: Additional Considerations for Rating Islamic Finance Institutions and Sukuk (Download)

Credit Spotlight: Environmental, Social and Governance Considerations and Issuer Credit Ratings (Download)

 
 
 

Contact Details

Sector Head: Matthew Pirnie
Telephone: +27 11 784 1771
Email: matthewp@GCRratings.com

 

 

 

Criteria

  • Criteria for Rating Insurance Companies (Download) / CRITÈRES DE NOTATION DES COMPAGNIESD’ASSURANCE (Download

 

​Research Piece

  • FAQ to Criteria for Rating Insurance Companies (Download)
 
 
 

Contact Details

Sector Head: Yohan Assous
Telephone: +27 11 784 1771
Email: yohan@GCRratings.com

Overview

GCR’s structured finance sector covers a wide variety of structured transactions. Examples are all forms of securitisations, credit linked securities, structured bonds and other cashflow driven transactions (e.g. project finance). Our structured finance rating approach is described in publicly available rating criteria reports.

Methodologies

  • Criteria for Rating Structured Finance Transactions (Download) / MÉTHODOLOGIEDE NOTATION DES TRANSACTIONS DE TITRISATION (Download)
  • Criteria for Rating Consumer Asset Backed Securities (Download)
  • Criteria for Rating Trade Receivable Securitisations (Download)
  • Criteria for Rating Residential Mortgage Backed Securities (Download)
  • Criteria for Rating Commercial Mortgage Backed Securities (Download)
  • Criteria for Rating Asset Backed Commercial Paper (Download)
  • Criteria for Rating Credit Linked Notes and Repackaging Vehicles (Download)
  • Criteria for Rating Collateralised Loan Obligation Transactions (Download)
  • Criteria for Rating Project Finance Transactions (Download) / MÉTHODOLOGIEDE NOTATION DES SOCIÉTÉSDE PROJET (Download)
  • Criteria for Rating Servicer Quality (Download)

Research Piece

Securitisation 101 (Download)

Asset-Backed Securities Cash Flow Model (Download)

 
 
 
 

Contact Details

Sector Head: Eyal Shevel
Telephone: +27 11 784 1771
Email: shevel@GCRratings.com

 

 

 

Criteria

  • Criteria for Rating Corporate Entities (Download) / CRITÈRES DE NOTATION DES ENTITÉSINDUSTRIELLES ET COMMERCIALES (Download)
  • Criteria for Rating Real Estate Investment Trusts and Other Commercial Property Companies (Download)
  • Criteria for Rating Local and Regional Governments (Download) / MÉTHODOLOGIEDE NOTATION DES COLLECTIVITÉS LOCALES (Download)
  • MÉTHODOLOGIEDE NOTATION DES OBLIGATIONS VERTES (Download)

Frequently Asked Questions:

  • Frequently Asked Questions: How Does GCR View State Owned Entities Within the
    Context of Existing Criteria?(Download)
 
 

Contact Details

Sector Head: Matthew Pirnie
Telephone: +27 11 784 1771
Email: matthewp@GCRratings.com

 

 

 

Criteria

  • Criteria for Rating Financial Institutions (Download) / CRITÈRES DE NOTATION DES INSTITUTIONS FINANCIÈRES (Download)
  • Criteria for Rating Financial Services Companies (Download) / CRITÈRES DE NOTATION DES SOCIÉTÉS DE SERVICES FINANCIERS (Download)
  • Criteria for Fund Ratings (Download) / CRITERES DE NOTATION DES FONDS (Download)
  • Criteria for Management Quality Ratings (Download) / MÉTHODOLOGIEDE NOTATION EN QUALITÉ DES SOCIÉTÉS DE GESTION (Download)
  • Appendix to Criteria for Rating Financial Services Companies: Asset Management Issuer Credit Ratings (Download) / ANNEXE AUX CRITERES DE NOTATION DES SOCIETES DE SERVICES FINANCIERS.NOTATIONS DES GESTIONNAIRES D’ACTIFS EMETTEURS DE
  •  
 
 
 

GCR Rating Scales Symbols and Definitions (Download)

GCR Échelles De Notation, Symboles Et DÉfinitions (Download)

Criteria

  • NOTE SUR LES ÉVOLUTIONS MÉTHODOLOGIQUES DE WARA (Download)
  • Criteria for the GCR Ratings Framework, initially published May 2019 (Download)
  • Criteria for Rating Financial Services Companies, initially published May 2019 (Download)
  • Criteria for Rating Corporate Entities, initially published May 2019 (Download)
  • Criteria for Rating Real Estate Investment Trusts and Other Commercial Property Companies, initially published May 2019 (Download)