The credit rating of credit enterprises is one of the main credit ratings, and it is also the most important credit rating category of general enterprises in China at present, and the rating target is bank borrowing enterprises. The concept of credit rating of credit enterprises is different from that of bond credit rating, which determines that their service objects are different. The credit rating of credit enterprises is aimed at commercial banks or relevant regulatory agencies, and the credit rating of bonds is aimed at bond investors. Although they are aimed at different investors, their functions and functions are essentially the same, and they are all aimed at reducing the information asymmetry between rating targets and investors, promoting the effective allocation of resources and improving the efficiency of market operation.
The main credit rating, that is, the enterprise credit rating is divided into three grades and nine grades, namely: AAA, AA, A, BBB, BB, B, CCC, CC, C. A legal person enterprise registered in China and holding a loan card issued by the People's Bank of China can apply to participate in the credit rating of the borrowing enterprise.