DBRS Publishes Updated Methodology for Rating European Consumer and Commercial Asset-Backed Securitisations

DBRS Ratings Limited (DBRS) has today published its updated methodology for the rating approach to “Rating European Consumer and Commercial Asset-Backed Securitisations” (the methodology). This methodology concentrates on the securitisation transactions backed by consumer financing (including loans and leases) and commercial leases.

No substantial change has been made as most of the changes and additions aim to clarify the approach already applied and no rating actions on any outstanding ratings are expected as a consequence of publishing the current update.

The methodology is effective as of today’s date. DBRS does not deem the methodology update to be material and does not expect any rating actions as a result of this update.

The methodology providing DBRS’s processes and criteria is available by contacting us at info@dbrs.com.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.