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Fitch affirms ratings of Consorcio Financiero, unit

FitchRatings on Sept. 30 affirmed the long-term national scale rating of atAA-(cl) and unit Banvida SA at A+(cl), both with a stable outlook.

The rating ofConsorcio Financiero is supported by a maintained level of stable and containedindebtedness, solid credit quality and ample capacity to generate flows viadividends. Fitch also considered the company's broad base of retained earningsin assessing the rating.

Meanwhile,Banvida's rating reflects the adequate capacity to generate asset flows, itsmoderate debt and adequate coverage and financial expenses.