World News: 16:42 GMT Friday 12th July 2019. [Kroll Bond Rating Agency via Businesswire via SPi World News]
Kroll Bond Rating Agency (KBRA) releases its marketplace consumer loan indices for June.
Marketplace consumer loan performance showed mixed results in June, with annualized net losses in KBRA’s Tier 2 and Tier 3 indices falling 3bp and 28bp to 11.20% and 17.98%, respectively. Meanwhile, the KBRA Tier 1 index underperformed, with annualized net losses rising 61bp to 5.65%.
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KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
Business Wire: 16:42 GMT Friday 12th July 2019
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