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Standard & Poor's Applies Its Revised Bank Criteria To Two Colombian Banks And Core Subsidiaries Dec 11 Product Image

Standard & Poor's Applies Its Revised Bank Criteria To Two Colombian Banks And Core Subsidiaries Dec 11

  • ID: 2029596
  • December 2011
  • Region: Colombia
  • Standard & Poors

Abstract
MEXICO CITY (Standard & Poor's) Dec. 8, 2011--Standard & Poor's Ratings Services today said it assigned its ratings to Colombia-based Banco de Bogota S.A. y Subsidiarias and affirmed its existing ratings on the bank's core subsidiaries: BAC International Bank Inc. and Credomatic International Corp. We also affirmed the ratings on Colombia-based Banco Davivienda S.A. These rating actions follow the application of our new ratings criteria for banks and our revised group methodology criteria and assumptions, which were published on Nov. 9, 2011. See the ratings list for the ratings on these banks and their related subsidiaries, including any rating changes that resulted from applying these criteria. We will publish individual research updates on each bank identified below, including a list...

Companies mentioned in this report are: Banco Davivienda S.A.,Banco de Bogota S.A. y Subsidiarias,Credomatic International Corp.,BAC International Bank Inc.
Action: Affirmed
Action: New Rating

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Banco Davivienda S.A.,Banco de Bogota S.A. y Subsidiarias,Credomatic International Corp.,BAC International Bank Inc.

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