|
|
 |
|
Viewing report
|
|
|
|
Banco Citibank S.A. Oct 06
Standard & Poors, Oct 2006
Abstract
Being part of Citigroup Inc. (AA-/Positive/A-1+), including the expectations of parental support Long track record operating in Brazil Historical good credit quality of its loan portfolio Business diversification toward retail Challenge to grow the retail business and dilute this segment's investment-related expenses, improving the bank's overall profitability Higher credit risk arising from the bank's increasing exposure to retail in its credit portfolio mix The risks of operating in the volatile Brazilian economic environment Standard & Poor's Ratings Services' ratings on Banco Citibank S.A. reflect the bank's challenge to grow the retail business and dilute this segment's investment-related expenses, improving the bank's overall profitability; the higher credit risk arising from the bank's increasing exposure to retail in its credit portfolio mix;...
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
