CariCRIS Rating Methodologies

The following rating methodology is the generalized version of the methodology that CariCRIS would use to analyse issues of structured finance products. The analysis of various products will be based on slightly customized versions of this general methodology. The analysis of market risks and cash flows will be based on a model designed for each type of product.

This article updates our criteria for assigning national and regional scale credit ratings. We assign national scale credit ratings in almost all jurisdictions except for the islands of the Organization of Eastern Caribbean States (OECS) in which case we assign regional scale ratings only. This methodology seeks to describe how mapping tables between national and regional scale ratings are designed and calibrated and explains how we determine these ratings

Residential property development - Key drivers of cyclicality include consumer confidence, disposable income, employment levels and growth, household formation and other demographic trends, property supply conditions, the availability of mortgage loans and consumer financing rates, and the extent of investor demand in the market.

The following rating methodology is the generalized version of the methodology that CariCRIS would use to analyse entities in the banking, non-banking finance and other financial services. The analysis of entities in specific sectors within the financial services spectrum will be based on slightly customized versions of this general methodology.

CariCRIS offers two sets of products for insurance companies. The first is the regular credit rating, assigned for any borrowing programme of the insurance company. The second, and more common rating product in international markets, is the financial strength rating (FSR).

The following rating methodology is the generalized version of the methodology that CariCRIS would use to analyse entities in the manufacturing & service industry. The analysis of entities in specific sectors within the manufacturing & service spectrum will be based on slightly customized versions of this general methodology.

The following rating methodology is the generalized version of the methodology that CariCRIS would use to analyse real estate investment trusts (REIT). REITS can be in the form of a corporation, trust or association that owns or finances income-producing real estate.

The following rating methodology is the generalized version of the methodology that CariCRIS would use to analyse sovereigns domiciled in the English-speaking Caribbean and key Central American countries such as Panama, Belize, Costa Rica as well as the Dominican Republic.