Credit ratings can be used to assess the creditworthiness of an institution, for example, a bank. Credit ratings are assigned by independent organisations known as credit rating agencies. The three leading rating agencies are Standard & Poor’s, Moody’s and Fitch Ratings.

Credit rating agencies issue both short-term and long-term credit ratings and use their own scales to determine an institutions creditworthiness. These ratings can provide investors with an indication of an institution’s financial strength and ability to meet its commitments. For example, in the case of structured investments, the bank’s ability to repay the capital and any returns due to investors.

Credit ratings are the opinion of the credit rating agency and are not a guarantee of credit quality. Please see the following websites for information on each agency’s scales and how their opinions are reflected in each rating.

• Standard & Poor's
• Moody's
• Fitch

The credit rating of an institution is regularly reviewed by the credit rating agencies. It is therefore possible that the rating quoted in the brochure for a structured investment plan may have changed since publication. You can use this webpage to monitor credit ratings during the investment term of your plan. Please see below the current credit ratings of the banks which back Walker Crips Structured Investment plans.

Ratings are accurate as at 02 December 2024