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Credit Rating
26 Apr 2016
Stephen Borg from Bank of Valletta's Wealth Management Unit discusses Credit Rating on Net TV's Flusek.

A credit rating is an evaluation of the credit worthiness of a debtor (a business (company) or a government) predicting the debtor's ability to pay back the debt; it thus forecasts implicitly the likelihood of the debtor's default. The credit rating represents the evaluation of the credit rating agency of qualitative and quantitative information for the debtor; including non-public information obtained by the credit rating agencies' analysts.

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