trending Market Intelligence /marketintelligence/en/news-insights/trending/dsbpov_yzquo2raujdy5aw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

S&P affirms Banco Ahorro Famsa

Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

S&P Global Market Intelligence

Wind Power by the Numbers: U.S., Canada and Mexico

S&P affirms Banco Ahorro Famsa

Standard & Poor's Ratings Services said April 13 that itaffirmed its B global scale and mxBBB-/mxA-3 national scale issuer credit ratingson Banco Ahorro Famsa SA Instituciónde Banca Múltiple.

The outlook remains stable.

The issuer credit ratings reflect the bank's core status to GrupoFamsa as S&P believes both entities share the same customer base, brand andreputation. The unit's strategy is closely linked with that of the group so it'shighly unlikely that bank will be sold, S&P said.

The ratings also reflect the bank's weak business position, adequatecapital and earnings, very weak risk position, average funding, and adequate liquidity.

S&P Ratings and GlobalMarket Intelligence are owned by McGraw Hill Financial Inc.