LatAm ratings wrap: Fitch affirms Dominican Republic, downgrades Grupo Sura

S&P Global Market Intelligence presents a summary of various ratings actions on Latin American financial institutions and economies. Ratings actions are listed by announcement date in reverse chronological order.

March 5

* Fitch Ratings affirmed the Dominican Republic's long-term foreign currency issuer default rating at BB-, with a negative outlook.

March 3

* S&P Global Ratings revised the outlook on Bansi SA's ratings to negative from stable, while affirming the bank's long- and short-term national scale issuer credit ratings at "mxA" and "mxA-1," respectively.

* Fitch revised the outlook on Caribbean Development Bank's long-term issuer default rating to negative from stable and affirmed the rating at AA+.

* Fitch removed CIBanco SA Institución de Banca Múltiple's ratings from watch negative and affirmed the bank's national long-term counterparty risk rating at A(mex). The long-term rating was assigned a stable outlook.

March 2

* Fitch downgraded Grupo de Inversiones Suramericana SA's long-term foreign and local currency issuer default ratings to BBB- from BBB. The outlook on the international ratings is still negative.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.