Report
EUR 230.90 For Business Accounts Only

Paragon Banking Group PLC: New issuer

Our credit view balances the issuer's good profitability, moderate asset risk and strong capital against an evolving funding profile with moderate market reliance and monoline business model
Underlying
Paragon Banking Group PLC

Paragon Banking Group is a financial services business. Co.'s operation are managed in three lending divisions, Mortgages, which provides first and second charge mortgage products with buy-to-let mortgage finance for landlords operating in the U.K.'s Private Rented Sector; Commercial Lending, which provides motor and asset lease products to consumer, Small Medium Enterprise and corporate customers, focusing on assets and underserved markets; and Idem Capital, which is a consumer debt purchaser, acquiring and servicing loan portfolios, including first and second mortgages as well as unsecured loan assets.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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