DBRS Morningstar Correction: Desjardins Group

DBRS Limited (DBRS Morningstar) corrected the July 13, 2023, Intrinsic Assessment Framework for Desjardins Group (Desjardins), in which the scorecard indicator of net NPLs as a proportion of Net Loans was restated to 0.08% from 0.66%. The correction did not affect Desjardins’ credit ratings.

The revised Intrinsic Assessment Framework is available at www.dbrsmorningstar.com.

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For more information on this credit or industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.

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