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Fitch withdraws Banco de Costa Rica's ratings

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Fitch withdraws Banco de Costa Rica's ratings

Fitch Ratings on May 17 affirmed, and subsequently withdrew, Banco de Costa Rica's ratings for commercial reasons.

Among the affected ratings include Banco de Costa Rica's long- and short-term foreign and local currency issuer default ratings at B+ and B, respectively.

Fitch also affirmed, and then withdrew the bank's long- and short-term national ratings at AA+(cri) and F1+(cri), respectively; the viability rating at "b+," the support rating at 4, and the support rating floor at B+.

The outlook on the bank's IDRs is negative, aligned with the Costa Rican sovereign ratings.