What is the role of credit rating agencies in our global financial system? Learn how credit ratings on securities are created and used. Part of a continuing series of introductory seminars for the financial services industry. We develop custom training, contact us for a quote or discussion of your needs.
What is the role of credit rating agencies in our global financial system? Learn how credit ratings on securities are created and used. Part of a continuing series of introductory seminars for the financial services industry. We develop custom training, contact us for a quote or discussion of your needs.
An investment banking is a financial institution that assists individuals, corporations and governments in raising financial capital by underwriting or acting as the client’s agent in the issuance of securities or both
This presentation is on Credit rating agencies in India. here I presents it's origin, importants, benefits, objectives, need and about different rating agencies.
An investment banking is a financial institution that assists individuals, corporations and governments in raising financial capital by underwriting or acting as the client’s agent in the issuance of securities or both
This presentation is on Credit rating agencies in India. here I presents it's origin, importants, benefits, objectives, need and about different rating agencies.
This is a sample credit report dispute letter. If you find incorrect information on your report, send a letter like this along with supporting evidence to the offending consumer reporting agency.
Baker Hill Prosper 2017 - Financial Projections to Drive Sound Credit GrowthBaker Hill
presented by Josh Thompson
"Financial Projections to Drive Sound Credit Growth” educated and instructed attendees on the usage and analysis of financial projections and sensitivity analysis - which have become vital components to sound underwriting, risk management practice, and heightened regulatory standards. The session covered the key drivers and assumptions that drive financial projection output. We explored best practices as well as the spectrum of benefits associated with adopting or enhancing a financial institution’s strategy around financial projections.
Pinnacle Training Group: SME credit masterclass - Lending & financial analysi...George Staicu
A two days intensive masterclass on
SME lendng and financial analysis presented by George Staicu.
By the end of this course, participants will:
• Understand the nature of financial risk, how and why banks take risk,
how it is measured, and how it is applied to SME borrowers;
• Appreciate how "Tops Down" analysis and detailed financial and credit analysis of the borrower interrelate and impact SME borrowers;
• Know how to read, adjust and understand SME financial statements, and to apply that understanding to the objectives of their credit analysis of a borrower;
• Be able to determine the relationship between credit analysis and the type of facility to be recommended for SME borrowers, and the key issues in determining what documentation and security should support
that facility;
• Know what to do after the transaction has been approved, documented and drawn down.
A comprehensive presentation on the financial risks involved in businesses in general & specifically in banks.
What is Risk?
Generally - Danger, Hazard, Adverse impact, Fear of loss.
Financially-Loss of earnings/capital
May result in incapability of financial institution to meet business goals
Basically there are 4 main risks:
1. Credit Risk
2. Market Risk
3. Liquidity Risk
4. Operational Risk
regulators role in enhancing Insurance company's rating, in addition this presentation talks about regulation in Jordan related to credit rating and how thet y effect ERM
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
2. Credit rating is essentially , the symbolic
indicator of the current opinion of the rating
agency on the relative ability and willingness
of the issuer of a financial (debt) instrument
to meet the service obligation as and when
they arise.
It provides a relative ranking of credit quality
of debt/financial instrument or their grading
according to investment qualities.
3. A credit rating is a measure used by creditors to
determine how much they can trust a certain
borrower, whether the borrower is an individual, a
corporation, or a country. The credit rating is derived
using past financial data or the borrower’s credit
history.
Factors that affect credit rating:-
1. The ability to pay a loan.
2. The amount of credit in existence
3. Credit history
A poor credit rating indicates a high risk of defaulting
on a loan, and thus leads to high interest rates(S&P
D-grade).
4. Rating is nothing but estimated worth or
value in terms of symbolic grade given to a
person’s or organization’s ability to pay back
the loans raised , with the help of individual
or organisation.
As per SEBI regulations, credit rating is
nothing but an opinion regarding securities
expressed in the form of standard symbol or
in any other standarised form assigned by
Credit Rating agency.
5. With offices in 23 countries and a history that
dates back more than 150 years, Standard &
Poor’s is known to investors worldwide as a
leader of financial- market intelligence.
Today Standard & Poor’s strives to provide
investors who want to make better informed
investment decisions with market intelligence in
the form of credit ratings, indices, investment
research and risk evaluations and solutions.
Most notably, we are known as an independent
provider of credit ratings. In 2010 S&P issued
162,418 new and 556,872 revised ratings.
6. Depend on rating agency. Ex.- (S&P)
‘AAA’—Extremely strong capacity to meet financial commitments. Highest
Rating.
‘AA’—Very strong capacity to meet financial commitments.
‘A’—Strong capacity to meet financial commitments, but somewhat susceptible
to adverse economic conditions and changes in circumstances.
‘BBB’—Adequate capacity to meet financial commitments, but more
subject to adverse economic conditions.
‘BBB-‘—Considered lowest investment grade by market participants.
‘BB+’—Considered highest speculative grade by market participants.
‘BB’—Less vulnerable in the near-term but faces major ongoing uncertainties
to adverse business, financial and economic conditions.
‘B’—More vulnerable to adverse business, financial and economic conditions but
currently has the capacity to meet financial commitments.
‘CCC’—Currently vulnerable and dependent on favorable business, financial and
economic conditions to meet financial commitments.
‘CC’—Currently highly vulnerable.
‘C’—Currently highly vulnerable obligations and other defined
circumstances.
‘D’—Payment default on financial commitment
10. • Validation of “Company
Country • Political
Position”
• Economic
• Trends Risk
• Industry – Specific factors
• Quality of Earnings
• Foreign exchange
& Analytical adjustments
• Peer Group Comparisons
Profitability Industry
/ Peer Group Business Factors
Comparisons
Risk
• Industry Trends
• Industry Structure
• Market Size
• Competitive Factors
• Growth Potential
• Market position
• Cyclicality
• Keys to Success
Company • Bases of Competition
• Size
Position • Changing Technology
• Diversification
• Operating Risk
• Management
• Regulatory Environment
11. • Operating sources & uses
Of liquidity • Accounting Regime
• Other potential calls on Accounting • Reporting & Disclosure
Liquidity • Analytical adjustments
• Debt Characteristics • Inventory valuation and
• Bank credit facilities
Liquidity / Governance
Short-term Financial Risk
Factors Risk
• Ownership
• Board of directors
• Working capital need
• Management practices
• Analytical distinctions with
• Financial Strategy
profitability Cash Flow • Risk Tolerance
• Cash flow measures Adequacy • Accounting Practices
• Stability of cash flow
• Internal controls
12. Source of additional certification
Lower cost of borrowing.
Increase the investors population.
Rating as marketing tool.
Self discipline by the companies.
Reduction of cost in public issues.
Motivation for growth
Foreign collaborations made easy
13. Safeguard against bankruptcy.
Low cost information
Recognition of risk.
Creditability of issuer.
Quick investment decisions.
No need to depend on investment advisors
and professionals.
Choice of investments.
Benefits of rating surveillance
14. Specificity.
‡ Relativity.‡
Guidance.‡
Not a Recommendation.‡
Broad Parameters.‡
No Guarantee.‡
15. CRISIL :- Credit rating information services of
India limited.
Fitch Ratings India Private Ltd.
ICRA Limited
Credit Analysis & Research Ltd. (CARE)
Brickwork Ratings India Private Limited
SME Rating Agency of India Ltd. (SMERA)
16. CRISIL is India's leading Ratings, Research, Risk
and
Policy Advisory Company. CRISIL, the first credit
agency was set up in January 1987.‡ It was
started jointly by ICICI & UTI with an equity
capital of Rs-4 cr. Each of them holds 18% of the
capital.‡
Other contributions to the capital are as follows.
Asian Development bank 15%
LIC, GIC & SBI 5% each
HDFC 6.2%
Banks (Indian) 19.25%
Banks (Foreign) 13.55%
17. CRISIL Ratings is India's largest rating agency,
having rated more than 24,541 debt instruments,
of more than USD 655 billion (Rs.30,71,459 cr.),
issued by over 7938 companies.‡ CRISIL
has strong 60% penetration in the domestic bond
market and a 53% market share in the bank loan
rating segment.‡ CRISIL Ratings rates virtually
every kind of organization, including industrial
companies, banks ,SMEs, non-banking financial
institutions, insurance providers, mutual funds,
infrastructure entities, state governments, and
urban local bodies. It also rates securitized
paper.