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Risk Class Allocations
The 18 Risk Classes
After the creditworthiness and solvency of the applicant have been checked by credit specialists, the lending exposure is assigned to a particular risk class. The credit specialists base their decision on the outcome of the credit analysis, taking account of any collateral that might be offered.
Credit Suisse divides its lending exposure into 18 risk classes. Credit relationships involving similar risks (statistical default probability) are grouped together in the same risk class. Allocation to risk classes CR 14 to CR 18 precludes the possibility of a new loan. Further restrictions are possible depending on portfolio considerations. In other words, Credit Suisse actively manages its loan portfolio in order to avoid levels of risk that are generally too high. The bank follows a policy of loan diversification across sectors, regions, company size and risk classes.
Impact on loan interest rate
Since higher risk classes also involve a higher risk of default, the risk premium included in the borrower's interest rate is also higher. This prevents creditworthy clients cross-subsidizing those whose creditworthiness is poor. The regular review of ongoing credit business also looks at whether or not credit relationships - and thus credit risk - still match the conditions for their current risk classes.
Individual Financing Solutions
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