The crises of 2002 and 2008 have raised the issue of banking sector's ranking system efficiency. The CRAs are crucial … factors that affect the ratings and to create a prediction mechanism.In order to do that, all ranking evaluations have been …, sovereign-country ranking, and loan growth. Three econometric methods (Probit, Logit, OLS) have been used to create a system …

components. The resulting overall ranking is less affected by estimation uncertainty and model risk. We apply our methodology to … implied ranking from the principal components is less volatile than most individual risk rankings and leads to less turnover … systemic risk ranking by relating it to credit default swap premia …