|
|
 |
|
Viewing report
|
|
|
|
ARCHIVE | Criteria | Financial Institutions | Banks: Assumptions For Credit Stress Testing Financial Institutions In Spain Sep 09
Standard & Poors, Sep 2009
Abstract
1. Standard & Poor's Ratings Services is refining and adapting its assumptions for credit stress testing the domestic loan books of Spanish financial institutions. We are publishing this article to help market participants better understand our approach to credit loss assumptions in analyzing and stress testing Spanish financial institutions. This article is related to our criteria article 'Credit Stress Testing for Financial Institutions,' published on April 29, 2009, and is also related to 'Standard & Poor's Takes A Closer Look At Its Stress Test Exercise On Spain's Financial System And The Implications For The System's Financial Strength,' published today. 2. We have made these assumptions in accordance with our methodology for stress testing outlined in 'Credit Stress Testing For Financial...
Companies mentioned in this report are: Banco Santander S.A.,Caja de Ahorros y Monte de Piedad de Madrid,Banco Espanol de Credito S.A.,Bankinter S.A.,Barclays Bank S.A.,Caja de Ahorros y Pensiones de Barcelona,Banco de Sabadell S.A.,Banco Popular Espanol S.A.,Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastian (Kutxa),Caja de Ahorros y Monte de Piedad de Zaragoza Aragon y Rioja (IBERCAJA),Banco Bilbao Vizcaya Argentaria S.A.,Confederacion Espanola de Cajas de Ahorros,Santander Consumer Finance, S.A.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
