Which of the following is used to classify a bank overall condition?
Which of the following is used to classify a bank overall condition? Correct Answer CAMEL rating
The CELS ratings or Camels rating is a supervisory rating system originally developed in the U.S. to classify a bank's overall condition. It is applied to every bank and credit union in the U.S. (approximately 300 institutions) and is also implemented outside the U.S. by various banking supervisory regulators.