- Language: English
- Published: October 2012
- Region: Brazil
BICRA On Brazil Revised To Group '4' From Group '5' Nov 11
- Published: November 2011
- Region: Brazil
- Standard & Poors
OVERVIEW We are reviewing our Banking Industry Country Risk Assessments after having published our updated methodology. We are revising our BICRA on Brazil to group '4' from group '5'. We are also revising our economic risk score to '5' from '6', and assigning an industry risk score of '3'. BICRA ACTION On Nov. 9, 2011, Standard & Poor's Ratings Services said that it revised its Banking Industry Country Risk Assessment (BICRA) on Brazil to group '4' from group '5'. It also revised the economic risk score to '5' from '6' and assigned an industry risk score of '3'. RATIONALE We have reviewed the banking sector of the Federative Republic of Brazil (foreign currency: BBB-/Positive/A-3; local currency: BBB+/Positive/A-2) under our updated...
Action: General Comment
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: News
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- Brazil (Federative Republic of)
- Banco Safra S.A.
- Banco Bradesco S.A.
- Unibanco-Uniao de Bancos Brasileiros, S.A.
- Banco Citibank S.A.
- Banco Nacional de Desenvolvimento Economico e Social
- Itau Unibanco Holding S.A.
- Banco do Nordeste do Brasil S.A.
- HSBC Bank Brasil S.A.
- Cibrasec, Companhia Brasileira De Securitizacao
- BankBoston Asset Management Ltd.
- Unibanco Asset Management - DTVM Ltda
- Banco Santander Brasil S.A.
- Banco Itau BBA S.A.
- Banco Votorantim S.A.
- Banco do Brasil S.A
- Votorantim Financas S.A.
- Banco Santander (Brasil) S.A.
- Banco do Estado de Sao Paulo S.A.
- Banco Santos S.A.
- L.F. TEL S.A.
- Banco Mercantil Do Brasil S.A.
- Banco Indusval & Partners S.A.
- InterCement Brasil S.A.
- Banco BMG S.A.
- Parana Banco S.A
- Banco Fibra S.A.
- Banco Daycoval S.A.
- Banco Pine S.A.
- Banco Industrial e Comercial S.A.
- Banco Cruzeiro do Sul S.A.
- Banco IBI S.A. - Banco Multiplo
- Banco Toyota do Brasil S.A.
- Banco Rural S.A.
- Banco BNP Paribas Brasil S.A.
- Banco Nossa Caixa S.A.
- BES Investimento do Brasil
- BM&FBOVESPA S.A-Bolsa de Valores, Mercadorias e Futuros