Deposit providers latest ratings
on 30 November 2011
| Deposit providers | Standard & Poor's Short Term | Standard & Poor's Long term | Moody's Short term | Moody's Long term |
|
Nationwide Building Society* |
A-1 |
A+ |
P-1 |
A2 |
|
Rabobank Nederland** |
A-1+ |
AA |
P-1 |
Aaa |
*Nationwide UK (Ireland) is part of Nationwide Building Society
**RaboDirect is part of the Rabobank Group
What ratings mean:
Standard & Poor's
'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 somewhat susceptible to adverse economic conditions and changes in circumstances.
Note: Ratings from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories
Moody's
Aaa - Obligations rated Aaa are judged to be of the highest quality, with minimal credit risk.
Aa - Obligations rated Aa are judged to be of high quality and are subject to very low credit risk.
A - Obligations rated A are considered upper-medium grade and are subject to low credit risk.
P-1 - Issuers (or supporting institutions) rated Prime-1 have a superior ability to repay short-term debt obligations.
Note: Moody's appends numerical modifiers 1, 2, and 3 to each generic rating classification from Aa through Caa. The modifier 1 indicates that the obligation ranks in the higher end of its generic rating category; the modifier 2 indicates a mid-range ranking; and the modifier 3 indicates a ranking in the lower end of that generic rating category.
Source: Moody's
Source: Standard & Poor's
