trending Market Intelligence /marketintelligence/en/news-insights/trending/bSXPdlBSkdMDyMXyUs0zVg2 content esgSubNav
In This List

LatAm ratings roundup through Oct. 13


Banking Essentials Newsletter: January 11th Edition


Banking Essentials Newsletter December 21st Edition


The Road to Basel IV: Navigating the challenge facing European banks


Basel Framework- Utilizing data to analyze the capital position of European banks.

LatAm ratings roundup through Oct. 13

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.

Oct. 13

* Fitch Ratings affirmed the long- and short-term national ratings of Credicorp Capital Colombia SA SCB and Credicorp Capital Fiduciaria SA at AAA(col) and F1+(col), respectively.

Oct. 11

* Fitch affirmed Banco Monex SA's A+(mex) long- and F1(mex) short-term national ratings. The rating agency also maintained the A+(mex) long- and F1(mex) short-term national ratings of Monex Casa de Bolsa SA de CV Monex Grupo Financiero and the A(mex) long- and F1(mex) short-term national ratings of Monex SAB de CV.

* S&P Global Ratings affirmed its BB/B global scale and brAA-/brA-1+ national scale ratings on Banco ABC Brasil SA.

* Fitch upgraded Banco Base SA and Intercam Banco SA's long-term national ratings to A(mex) from A-(mex). The rating agency also raised the banks' short-term national ratings to F1(mex) from F2(mex).

* Fitch affirmed CIBanco SA Institución de Banca Múltiple's A-(mex) long- and F2(mex) short-term national ratings.

* Moody's placed on review for downgrade the Ba1 long-term global local currency issuer rating of CCB Brasil Arrendamento Mercantil SA, as well as its long-term Brazilian national scale issuer rating of

* Moody's said it has a positive outlook for the Argentine banking system.

Oct. 10

* S&P affirmed the AMP-1 (Very Strong) rating on Votorantim Asset Management Distrib. de TVM Ltda. while subsequently withdrawing it at the company's request.

Oct. 9

* Moody's revised its outlook on Brazil's banking system back to negative from stable.

* S&P affirmed Seguros Atlas SA's mxAAA national financial strength and counterparty credit ratings, while maintaining a stable outlook.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.