Kroll Bond Rating Agency Releases the Most Recent U.S. Bank and Savings & Loan Ratings
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Mar 12th 2013 11:20AM
Updated Mar 12th 2013 11:26AM
Kroll Bond Rating Agency Releases the Most Recent U.S. Bank and Savings & Loan Ratings
MOUNT AIRY, Md.--(BUSINESS WIRE)-- Kroll Bond Rating Agency's (KBRA) Subscription Rating Service (KSRS) released updated financial strength ratings for U.S. Banks and Savings & Loans, based upon the most recent quarterly financial information filed with bank regulatory authorities. KSRS uses a statistical model, enhanced by analyst review, to produce independent, unbiased ratings.
To review a copy of the ratings methodology, please see A Model for Assessing the Financial Strength of U.S. Banks and Savings & Loans (available at http://www.krollbondratings.com/rating_method.php).
KSRS provides financial strength ratings for nearly 16,500 entities. The Subscription Rating Service is used by finance, risk and treasury professionals to determine the credit worthiness and financial soundness of institutions. Typical users of KBRA's financial strength ratings include financial institutions, cash managers and treasurers of Fortune 500 companies, state municipalities and other government agencies, universities, investment banks and portfolio managers. This service is also used by institutions that accept Letters of Credit, guarantees, or other credit enhancements issued by banks (and other financial institutions).
KSRS provides financial strength ratings for:
| ALL U.S. Commercial Banks - 6,537 institutions | |||||
| ALL Savings & Loans - 601 institutions | |||||
| ALL Credit Unions (non-corporate) - 7,030 institutions | |||||
| Bank Holding Companies - 995 institutions | |||||
| Corporations - 1,000 institutions | |||||
| Non-U.S. Banks - 262 institutions | |||||
| Title Insurance Companies - 46 institutions |
About Kroll Bond Rating Agency
KBRA was established in 2010 by Jules Kroll to restore trust in credit ratings by creating new standards for assessing risk and by offering accurate, clear and transparent ratings. KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).
Kroll Bond Rating Agency, Inc.
Tawanda Seifert
Managing Director & Head of the Subscription Rating Service
240-394-4137 office
tseifert@krollbondratings.com
KEYWORDS: United States North America Maryland
INDUSTRY KEYWORDS:
The article Kroll Bond Rating Agency Releases the Most Recent U.S. Bank and Savings & Loan Ratings originally appeared on Fool.com.
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