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LatAm ratings roundup through Jan. 20

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LatAm ratings roundup through Jan. 20

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.

Jan. 19

* S&P Global Ratings revised its outlook on Haitong Banco de Investimento do Brasil SA's global and national scale ratings to stable from positive, while lowering the bank's long-term national scale rating to "brA" from "brA+." The rating agency also affirmed the bank's global scale ratings at BB-/B.

* Fitch Ratings downgraded Costa Rica's long-term foreign and local currency issuer default ratings to BB from BB+, while revising the outlook to stable from negative. Costa Rica's country ceiling was also lowered to BB+ from BBB-, while its short-term foreign and local currency issuer default ratings were affirmed at B.

Jan. 18

* S&P affirmed Colombia's long-term foreign and local currency sovereign credit ratings at BBB and BBB+, respectively. The rating agency also affirmed Colombia's short-term foreign and local currency ratings at A-2, while keeping its transfer and convertibility assessment unchanged at A-. The outlook on the long-term credit ratings is negative.

Jan. 17

* S&P affirmed the global and national scale long-term ratings of Financiera Independencia SAB de CV SOFOM ENR at BB- and mxBBB+, respectively. It also affirmed the firm's short-term national rating at mxA-2. The outlook on the long-term ratings is stable.

* Moody's said it has a negative outlook for Latin America and the Caribbean's overall sovereign creditworthiness in 2017.

Jan. 16

* Fitch withdrew the A(cl) long- and N1(cl) short-term national ratings of Banco Paris.

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