Standard & Poor's web page, www.yourinvestments.standardandpoors.co.nz, has been specifically developed to provide New Zealand financial advisors, investors, and market influencers and participants with a one-stop credit rating tool kit for a better understanding of risks in New Zealand's non-bank deposit-taking institutions (NBDT) sector. Following the New Zealand Cabinet's decision on June 19, 2007, New Zealand NBDTs—including finance companies, building societies, and credit unions—will be required to comply with a range of new industry regulations. Credible credit ratings for NBDTs are one of the cornerstones of the New Zealand Cabinet's decision to develop new proposals for the regulation of NBDTs. Standard & Poor's believes that credible credit ratings will assist New Zealand financial advisors to better understand risks in the NBDT sector. This is important considering increasing responsibilities upon New Zealand financial advisors in the provision of prudent advice.
As part of Standard & Poor's commitment to New Zealand, and more generally toward an improvement in financial literacy concerning what credible credit ratings mean in the context of the NBDT sector, we believe this Web page will serve as a valuable reference guide.
Selected Publications
(Note: First-time users are required to register. Following user registration and log-in, access is facilitated to this Web page).
About Credit Ratings
Credit ratings are one of several tools that investors can use when making decisions about purchasing bonds and other fixed income investments. The purpose of this interactive guide is to help explain what credit ratings are, and are not, who uses them, and why they can be useful to the capital markets.
"Ratings List – New Zealand Rated Entities"
An easy reference guide to New Zealand entities rated by Standard & Poor's. Standard & Poor's has a long-standing presence in New Zealand—first rating the New Zealand sovereign over 30 years ago—and has the largest credit rating coverage of New Zealand entities.
FI Criteria: Rating Bank Rating Analysis Methodology Profile
An article outlining Standard & Poor’s rating criteria for assessing banks and financial institutions which is suitable for financial advisors and market participants that may wish to have an understanding of Standard & Poor’s analytical process.
FI Criteria: Rating Finance Companies
An article outlining Standard & Poor’s rating criteria for assessing finance companies which is suitable for financial advisors and market participants that may wish to have an understanding of Standard & Poor’s analytical process.
Research Updates and Summary Analysis
We are pleased to make available Research Updates and Summary Analyses for New Zealand NBDTs publicly rated by Standard & Poor’s:
Full credit rating reports can be purchased by contacting Standard & Poor's customer service personnel on (61) 1300-792-553 or
clientservices_pacific@standardandpoors.com
Press Releases Recent press releases made by Standard Poor's concerning the NBDT sector are available from this web site.
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