CG operates a fair and transparent credit rating system to encourage members to improve their financial standing and consequentially advance the construction industry.
Credit Rating System
In 1995, CG became the first construction guarantee institution to introduce a credit rating system. Since then, we developed and is operating construction industry-specialized credit assessment system that suits the IRB standard adopted by worldwide financial institutions by applying advanced modelling methodology to various construction business related data internally possessed and assessment know-how accumulated over two decades.
CG’s credit rating model analyzes various aspects of a company by evaluating their financial and non-financial status based on the size of the company.
Credit Grade System
CG’s credit rating model includes an early warning system for credit ratings that assigns companies one of ten grades : AAA, AA, A, BBB, BB, B, CCC, CC, C, D.
Credit rating is applied as the standard to differentiate guarantee limit, premium rate, loan interest rate, etc.