Chart 2
Small Businesses Get Capital Relief Under Basel II

S&P Rating C&I SME Current Accord 8%
AAA 1.18% 0.93% 8.00%
AA+ 1.18% 0.93% 8.00%
AA 1.18% 0.93% 8.00%
AA- 1.18% 0.93% 8.00%
A+ 1.18% 0.93% 8.00%
A 1.60% 1.26% 8.00%
A- 1.60% 1.26% 8.00%
BBB+ 2.69% 2.13% 8.00%
BBB 3.78% 3.01% 8.00%
BBB- 4.83% 3.86% 8.00%
BB+ 5.42% 4.33% 8.00%
BB 7.60% 6.08% 8.00%
BB- 8.70% 6.94% 8.00%
B+ 11.49% 9.10% 8.00%
B 18.28% 14.79% 8.00%
B- 20.34% 16.66% 8.00%
CCC 29.41% 25.52% 8.00%

Note: SME is Small and Medium Size Enterprises.

Source: FDIC calculations based on Basel QIS-3