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International Credit System

Posted: Thu May 24, 2018 3:17
by RyanVJ
The International Credit System is tasked to release a weekly credit rating of countries. Credit rating tells a company, a bank or an investor whether or not this country has a high or low possibility of credit failure or simply put it, if you lend a country money, credit rating will tell you the likeliness that the country that you loaned money can actually pay yoh back that money. This is to ensure a more realistic approach in economics. We will base the credit rating on:
-Your economy in general
-Future prospects
-Growth rate
-Spending
-Loaning and Investment activities
-Health of your banks
-Currency exchange


Countries with a more developed economy has higher credit ratings. To know how your country is developed. Of you have a GDP per capita income of more than $30 000 then you are developed. $40 000 USD is highlt developed and $50 000 simply put you are at a level of the USA.

We will release our first credit rating in a few hours. Note this has effects on your economy.

Re: International Banking System

Posted: Thu May 24, 2018 3:21
by RyanVJ
Note that if you spend more and more, this may lead into credit downgrading. This rating also tells companies and investors if they will get their moneys worth in investing in the said country.

Re: International Banking System

Posted: Thu May 24, 2018 3:43
by Ace_TFC
RyanVJ wrote:
Thu May 24, 2018 3:17
The International Banking System is tasked to release a weekly credit rating of countries. Credit rating tells a company, a bank or an investor whether or not this country has a high or low possibility of credit failure or simply put it, if you lend a country money, credit rating will tell you the likeliness that the country that you loaned money can actually pay yoh back that money. This is to ensure a more realistic approach in economics. We will base the credit rating on:
-Your economy in general
-Future prospects
-Growth rate
-Spending
-Loaning and Investment activities
-Health of your banks
-Currency exchange


Countries with a more developed economy has higher credit ratings. To know how your country is developed. Of you have a GDP per capita income of more than $30 000 then you are developed. $40 000 USD is highlt developed and $50 000 simply put you are at a level of the USA.

We will release our first credit rating in a few hours. Note this has effects on your economy.
This is actually a good idea. However I would like to note that some country's GDP per capita is calculated wrong. I suggest that you try to calculate them properly if you want to show the right rating

Re: International Banking System

Posted: Thu May 24, 2018 4:25
by Ace_TFC
Ace_TFC wrote:
Thu May 24, 2018 3:43
RyanVJ wrote:
Thu May 24, 2018 3:17
The International Banking System is tasked to release a weekly credit rating of countries. Credit rating tells a company, a bank or an investor whether or not this country has a high or low possibility of credit failure or simply put it, if you lend a country money, credit rating will tell you the likeliness that the country that you loaned money can actually pay yoh back that money. This is to ensure a more realistic approach in economics. We will base the credit rating on:
-Your economy in general
-Future prospects
-Growth rate
-Spending
-Loaning and Investment activities
-Health of your banks
-Currency exchange


Countries with a more developed economy has higher credit ratings. To know how your country is developed. Of you have a GDP per capita income of more than $30 000 then you are developed. $40 000 USD is highlt developed and $50 000 simply put you are at a level of the USA.

We will release our first credit rating in a few hours. Note this has effects on your economy.
This is actually a good idea. However I would like to note that some country's GDP per capita is calculated wrong. I suggest that you try to calculate them properly if you want to show the right rating
I went digging for a bit and I discovered the real GDP per capita of countries:

Arizelon: 1,657 AR
Arkhaza: 1,501 ARB

I can actually help in categorizing the countries for you. It may take a while since I'll travel for today.

Re: International Banking System

Posted: Thu May 24, 2018 4:30
by RyanVJ
Ace_TFC wrote:
Thu May 24, 2018 3:43
RyanVJ wrote:
Thu May 24, 2018 3:17
The International Banking System is tasked to release a weekly credit rating of countries. Credit rating tells a company, a bank or an investor whether or not this country has a high or low possibility of credit failure or simply put it, if you lend a country money, credit rating will tell you the likeliness that the country that you loaned money can actually pay yoh back that money. This is to ensure a more realistic approach in economics. We will base the credit rating on:
-Your economy in general
-Future prospects
-Growth rate
-Spending
-Loaning and Investment activities
-Health of your banks
-Currency exchange


Countries with a more developed economy has higher credit ratings. To know how your country is developed. Of you have a GDP per capita income of more than $30 000 then you are developed. $40 000 USD is highlt developed and $50 000 simply put you are at a level of the USA.

We will release our first credit rating in a few hours. Note this has effects on your economy.
This is actually a good idea. However I would like to note that some country's GDP per capita is calculated wrong. I suggest that you try to calculate them properly if you want to show the right rating
Yes i would do that but for now i will not include yet the gdp in the first rating since there is alot of you guys, ill base the first rating on the stock exchange, currency exchange etc.

Re: International Banking System

Posted: Thu May 24, 2018 4:34
by RyanVJ
I would not include the GDP in basing your credit ratings cus they are too damn complicated to compute so your GDP's will remain regardless. Ill base on the stock exchange and such.

Re: International Banking System

Posted: Thu May 24, 2018 5:43
by RyanVJ
Credit Rating as of 5-24-18
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Picture3.png (55.4 KiB) Viewed 1961 times

Re: International Banking System

Posted: Thu May 24, 2018 5:47
by RyanVJ
Credit Rating
AA+ GOOD
AA
AA-
BB+ POSITIVE
BB STABLE
BB- NEGATIVE
CC+ HIGHLY SPECULATIVE
CC SUBSTANTIAL RISK
CC- EXTREMELY SPECULATIVE
C DEFAULT IMMINENT
DD IN DEFAULT

Re: International Banking System

Posted: Thu May 24, 2018 5:48
by RyanVJ
If your country is not included, kindly let me know immediately.

Re: International Banking System

Posted: Thu May 24, 2018 8:39
by Kylie Schreave
Renev - BB - Highly Speculative ?

Re: International Banking System

Posted: Thu May 24, 2018 8:47
by RyanVJ
Kylie Schreave wrote:
Thu May 24, 2018 8:39
Renev - BB - Highly Speculative ?
Well yes, due to the impending conflict regarding Valkyrie's project unity, and fears of war does not convey confidence in investors and foreign banks, so we gave them a highly speculative rating. But we will update it in the next rating depending on the outcome.

Re: International Banking System

Posted: Thu May 24, 2018 8:52
by Henderion The Mayor
So,how you determined by the value of rate by ISE and Currency Value? is based on up and down every week or others method?

Re: International Banking System

Posted: Thu May 24, 2018 10:56
by RyanVJ
Henderion The Mayor wrote:
Thu May 24, 2018 8:52
So,how you determined by the value of rate by ISE and Currency Value? is based on up and down every week or others method?
I base it on the stock exchange, currency exchane and current events in that country. If something bad happens lets say war or their government is unstable then we will downgrade their credit rating cus it alsl involves confidence of investors and banks into loaning and investing in that country. So in order to keep the credjt rating good, your country must be stable.

Re: International Banking System

Posted: Thu May 24, 2018 11:00
by Henderion The Mayor
RyanVJ wrote:
Thu May 24, 2018 10:56
Henderion The Mayor wrote:
Thu May 24, 2018 8:52
So,how you determined by the value of rate by ISE and Currency Value? is based on up and down every week or others method?
I base it on the stock exchange, currency exchane and current events in that country. If something bad happens lets say war or their government is unstable then we will downgrade their credit rating cus it alsl involves confidence of investors and banks into loaning and investing in that country. So in order to keep the credjt rating good, your country must be stable.
Ok,is good and reailble

Re: International Banking System

Posted: Thu May 24, 2018 11:06
by RyanVJ
Henderion The Mayor wrote:
Thu May 24, 2018 11:00
RyanVJ wrote:
Thu May 24, 2018 10:56
Henderion The Mayor wrote:
Thu May 24, 2018 8:52
So,how you determined by the value of rate by ISE and Currency Value? is based on up and down every week or others method?
I base it on the stock exchange, currency exchane and current events in that country. If something bad happens lets say war or their government is unstable then we will downgrade their credit rating cus it alsl involves confidence of investors and banks into loaning and investing in that country. So in order to keep the credjt rating good, your country must be stable.
Ok,is good and reailble

Re: International Banking System

Posted: Mon May 28, 2018 15:39
by RyanVJ
Credit rating will be released either tomorrow or the day after tomorrow

Re: International Credit System

Posted: Mon May 28, 2018 15:41
by RyanVJ
If your nation is not included in the first rating, kindly inform me asap so that I could add it to the next ratings release.

Re: International Credit System

Posted: Tue May 29, 2018 3:54
by JoshuaIND
Arstotzka is now AA-

Re: International Credit System

Posted: Wed May 30, 2018 13:59
by RyanVJ
Credit rating will be posted tomorrow. Expect lots of changes and drops especially for countries at war or being threatened by war or civil disturbance.

Re: International Credit System

Posted: Wed May 30, 2018 14:39
by RyanVJ
Credit Rating as of 5-30-18
Screenshot_2018-05-30-20-34-15-1.png
*the numbers on the right side indicates if you ranked up or down (ex:2+=ranked up 2 ranks)