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Explore Fitch's ratings scales and definitions using our interactive tool below or download and read the report. Fitch Ratings publishes credit ratings that are forward-looking opinions on the relative ability of an entity or obligation to meet financial commitments.
Fitch Ratings’ credit ratings provide an opinion on the relative ability of an entity to meet financial commitments, such as interest, preferred dividends, repayment of principal, insurance claims or counterparty obligations.
Fitch Ratings’ credit ratings provide an opinion on the relative ability of an entity to meet financial commitments, such as interest, preferred dividends, repayment of principal, insurance claims or counterparty obligations.
This document from Fitch Ratings defines their various credit ratings and other forms of opinion. It outlines the different rating scales used for issuers, corporate finance obligations, structured and project finance obligations, short-term ratings, recovery ratings, bank ratings, insurer financial strength ratings, national ratings, country ...
Indicates the strongest capacity for timely payment of financial commitments relative to other issuers or obligations in the same country. Under the agency's National Rating scale, this rating is assigned to the lowest default risk relative to others in the same country or monetary union.
‘AAA’ ratings denote the lowest expectation of default risk. They are assigned only in cases of exceptionally strong capacity for payment of financial commitments. This capacity is highly unlikely to be adversely affected by foreseeable events.
This document defines Fitch Ratings' credit rating scales and other forms of opinion. It discusses long-term and short-term rating scales for issuers, corporate finance obligations, and structured finance obligations.