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Vision Banco S.A.E.C.A. 'B+' Rating Affirmed; Outlook Positive Sep 11 Product Image

Vision Banco S.A.E.C.A. 'B+' Rating Affirmed; Outlook Positive Sep 11

  • Published: September 2011
  • Standard & Poors

Abstract
Vision is the sixth-largest bank in Paraguay, providing loans and services in the microfinance industry and the traditional consumer segment. We are affirming our 'B+' long-term counterparty credit rating on the bank. We expect Visi-n to continue to improve its competitive position. BUENOS AIRES (Standard & Poor's) Sept. 30, 2011--Standard & Poor's Ratings Services said today that it affirmed its 'B+' long-term counterparty credit rating on Vision Banco S.A.E.C.A. The outlook is positive. "Our 'B+' rating on Visi-n reflects the company's profile as a bank mainly dedicated to providing loans and services in the microfinance industry and the traditional consumer segment in the middle- and lower-income sectors," said Standard & Poor's credit analyst Cynthia Cohenfreue. Moderating factors include the high...

Companies mentioned in this report are: Vision Banco S.A.E.C.A.
Action: Affirmed
Action: Outlook: Positive

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 READ MORE >

Vision Banco S.A.E.C.A.

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