Latest News

Recent Consensus Credit Trends – South African Banks

Over the last 12 months, the Credit Benchmark Consensus for the Government of South Africa has suffered a gradual decline in credit worthiness, culminating in a downgrade to bbb- as of April 2017.

Latest Credit Risk Consensus: Middle East

We have published the latest credit risk consensus data on the following government entities in the Middle East: Bahrain, Egypt, Israel, Jordan, Kuwait, Lebanon, Oman, Saudi Arabia, Qatar and the United Arab Emirates.

Credit Benchmark Research Featured in Low Cost & Regional Airline Business Magazine

"Budget airlines are encroaching on the traditional territory of full service carriers while getting cheaper funding from banks." David Carruthers, Head of Research at Credit Benchmark, analyses the implications via the trade publication: Low Cost & Regional Airline Business

Credit Benchmark Named in FinTech50 for Third Year Running

The annual list published by FinTechCity showcases the 50 European FinTech firms - out of a longlist of more than 1,500 - doing the most to "transform the financial services industry."

Latest Credit Benchmark Consensus Update: More Downgrades Than Upgrades

We have published the latest monthly credit consensus data, with 13 contributor banks now providing bank-sourced credit views (CBCs*) on more than 8,400 separate legal entities.

Spain: Improving Sovereign Credit Risk owes more to Economics than Politics

The Spanish economy grew by 0.8% in Q1 2017, an annual rate of more than 3%, higher than recent data for Germany, France and the Netherlands. Unemployment has been trending down and currently stands at a post-crisis low of 18%. Spain suffered more than most during the Eurozone downturn but is now in the economic vanguard.

Technology movers and shakers: Credit Benchmark Consensus on Microsoft, IBM and Uber downgraded, while Yahoo and LinkedIn see improved credit quality

Technology companies have been bucking the market recently with many stock prices rising to all-time highs. The S&P 500 closed at a record high on Monday, driven in large part by tech firms. With share prices rising, credit quality has not always been following the same path. Looking at the credit risk trends in the sector, there have been some notable upgrades (Yahoo, LinkedIn) and downgrades (Microsoft, IBM, Uber) over the last six months

Latest Credit Update: Downgrades and Upgrades Balanced; coverage includes Saudi Aramco with a CBC of a-

Latest published credit data (March 2017), with 12 contributor banks now providing crowd-sourced views (CBCs) on more than 8,200 separate legal entities.

Understanding the Credit Benchmark Consensus (CBC) Indicator

David Carruthers, Credit Benchmark’s Head of Research breaks down the basics of the CBC - which is linked explicitly to Probability of Default estimates - and discusses the value of CBCs as a true market view of credit risk. Monthly Credit Data Review

"Credit risk data is widely available for sovereigns and large corporates, but updates are infrequent and smaller companies are often ignored." In this series of monthly articles from and Risk magazine, David Carruthers, head of research at Credit Benchmark, discusses monthly credit risk trends in rated and unrated obligors based on bank-sourced data.