S&P sets templates for German banks

The risk management services arm of Standard & Poor's, Risk Solutions, has completed a major internal ratings system project for the Association of German Pfandbrief banks (Verband deutscher Pfandbriefbanken, vdp). Vdp members provide capital for commercial and residential properties as well as for the public sector and its institutions.

The solution was needed because of the low default sectors where banks
typically lack enough observed defaults to build and validate their own
model, says Stuart Shipperlee, the managing director of risk solutions.

The project developed credit risk assessment templates that aim to replicate the analytical process of S&P ratings in a standardised and transparent way for these sectors, characterised by a lack of historical defaults and typically low sample size. This prevents a purely statistical

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here