DBRS Morningstar Comments on Performance of Canadian Credit Cards in Q1 2020
DBRS Limited (DBRS Morningstar) published the Canadian Credit Card Performance Index (the Index) for Q1 2020 and a commentary on the performance of Canadian credit card asset-backed securities (ABS) transactions as of April 30, 2020. The Index is available in Excel format as well as in the regular PDF.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
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