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LatAm ratings wrap: S&P changes outlook on Aruba; Moody's affirms Uruguay

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.

Aug. 9

* Fitch Ratings revised the outlook on the long-term foreign and local currency issuer default rating of Banco Fassil SA to negative from stable.

* Fitch Ratings affirmed Medi Access Seguros De Salud's national scale rating at B+(mex).

* Fitch Ratings affirmed Scotiabank de Costa Rica SA's national long- and short-term ratings at AAA(cri) and F1+(cri), respectively.

* Fitch Ratings affirmed Banco Davivienda (Costa Rica) SA's long-term foreign and local currency issuer default ratings at BB- and BB, respectively. The short-term foreign and local currency issuer default ratings were also affirmed at B. Fitch also affirmed the long- and short-term national ratings at AAA(cri) and F1+(cri), respectively.

* Fitch Ratings affirmed Banco BAC San José SA's long-term foreign and local currency issuer default ratings at BB- and BB, respectively. Fitch also affirmed the foreign and local currency short-term ratings at B. The long- and short-term national scale ratings were affirmed at AAA(cri) and F1+(cri), respectively.

* Fitch Ratings affirmed the long- and short-term national ratings of Banco General (Costa Rica) SA at AAA(cri) and F1+(cri), respectively.

* Fitch Ratings affirmed the national scale financial strength rating of Seguros Universal in the Dominican Republic at A+(dom).

Aug. 8

* Fitch Ratings affirmed the national insurance financial strength rating of Costa Rica's Instituto Nacional de Seguros at AAA(cri).

Aug. 7

* Fitch Ratings upgraded the national ratings of BCI Seguros Generales SA and BCI Seguros Vida SA to AA+(cl) from AA(cl).

* Fitch Ratings placed the BBB-(mex) national scale rating of Principal Mexico Compania de Seguros SA de CV on Rating Watch Evolving. Fitch also affirmed and withdrew the BBB(mex) national scale ratings of Principal Pensiones SA De CV Principal Grupo Financiero.

Aug. 6

* S&P Global Ratings changed its outlook on Aruba to stable from negative, and affirmed the country's long- and short-term sovereign credit ratings at BBB+/A-2 and its transfer and convertibility assessment at BBB+.

* Moody's affirmed Uruguay's foreign and local currency long-term issuer and senior unsecured ratings at Baa2, as well as the sovereign's senior unsecured shelf ratings at (P)Baa2.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.