Dissatisfaction with a Current Rating Proposal
sometimes dissatisfied with the rating process of an agency
for one or more of the following reasons:
The major rating
agencies provide for an appeal process that allows for banks to
make direct presentations to the rating committee. Where appropriate,
we can assist by preparing an alternative analysis based on developments
at the bank and comparisons with other banks in its peer group.
Assistance can also be provided with the actual appeal presentation.
their on-site meetings, the rating analysts over-emphasised
negative developments or did not adequately recognise progress
in strategies, resources or operations.
- A rating
agency proposes a rating that is too low:
first rating may be too harsh according to the agency's
own rating definitions.
the bank is assigned a rating that is lower than those of
comparable banks in its peer group.
an agency wants to downgrade a rating when there has been
no perceivable deterioration in bank performance or business