- Language: English
- Published: June 2013
- Region: Syria
Research Update: Fondo Latinoamericano de Reservas 'AA/A-1+' Ratings Affirmed; Outlook Remains Stable
- Published: May 2011
- Standard & Poors
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.
Product Type: Research Update
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Fondo Latinoamericano de Reservas (FLAR) maintains a strong capital position and remains highly liquid. Member support remains strong, in the form of earnings retention and borrowers' continuing preferred creditor treatment of FLAR. Relatively high credit and concentration risk embedded in FLAR's current and potential loan portfolio constrain the rating. We are affirming our 'AA' long-term and 'A-1+' short-term ratings on FLAR. The outlook remains stable, based on the maintenance of strong financial management policies overall and continued member support. On May 6, 2011, Standard & Poor's Ratings Services affirmed its 'AA' long-term and 'A-1+' short-term foreign currency ratings on Fondo Latinoamericano de Reservas (FLAR). The outlook remains stable. FLAR, a multilateral lending institution (MLI), is the highest-rated financial institution domiciled...
Companies mentioned in this report are: Fondo Latinoamericano de Reservas
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Fondo Latinoamericano de Reservas