DBRS Publishes Updated Financial Institution Methodologies
Banking Organizations, Non-Bank Financial InstitutionsDBRS Limited (DBRS) has today published two updated financial institution methodologies as follows:
--1 Rating Mortgage Insurance Companies (formerly “Rating Canadian Mortgage Insurance Companies”); and
--2 Rating Canadian Credit Union Centrals and Desjardins Group.
These two methodologies supersede existing methodologies published in December 2013. “Rating Mortgage Insurance Companies” has been broadened to accommodate issuers in jurisdictions outside of Canada, but has not otherwise substantively changed. Changes to the Canadian Credit Union Centrals methodology are not substantive and in each case, DBRS has determined that no ratings will change as a result of these updates.
DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.
DBRS’s methodologies and criteria are available by contacting us at info@dbrs.com.