Research Update: Banco de Bogota S.A. y Subsidiarias 'BBB-/A-3' Ratings Affirmed; Outlook Remains Stable Aug 12
- Language: English
- Published: August 2012
Sound business position and brand recognition as the second largest bank in Colombia; Adequate funding and liquidity profile with ratios that compare favorably with the Colombian banking system, in addition to sound financial flexibility; and Satisfactory risk position as a result of the bank's adequate risk diversification, good origination policies, and satisfactory loss experience. Moderate capitalization levels; and Complexity in some business lines, with relatively aggressive growth plans. Standard & Poor's Rating Services' ratings on Banco de Bogota reflect its "strong" business position (as defined in our criteria) based on its sound market share and good business stability. The ratings also reflect an "adequate" risk position as a result of satisfactory risk diversification and losses. The bank has an "average"...
Companies mentioned in this report are: Banco de Bogota S.A. y Subsidiarias
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Research Type: Full Analysis
Banco de Bogota S.A. y Subsidiarias