BICRA On Chile Mantained At Group '3' Nov 11
Standard & Poors, November 2011
Abstract
OVERVIEW We are reviewing our Banking Industry Country Risk Assessment on Chile in light of our updated methodology. We are maintaining our BICRA on Chile at group '3'. We are also maintaining our economic risk score of '4' and assigning an industry risk score of '3'. BICRA ACTION On Nov. 9, 2011, Standard & Poor's Ratings Services said that it is maintaining its Banking Industry Country Risk Assessment (BICRA) on the Republic of Chile (foreign currency: A+/Positive/A-1; local currency: AA/Positive/A-1+) at group '3'. It is also maintaining the economic risk score of '4' and assigning an industry risk score of '3'. RATIONALE We have reviewed the Chilean banking sector under our updated BICRA methodology. Our criteria define the BICRA framework...
Companies mentioned in this report are:
- Chile (Republic of)
- Banco del Estado de Chile
- Banco Santander-Chile
- Banco de Chile
- Banco de Credito e Inversiones
- Scotiabank Sudamericano
- Banco Santander-Chile S.A.
- Banco Security
- Banco Bilbao Vizcaya Argentaria Chile y Filiales
- LQ Inversiones Financieras S.A.
- Inversiones CorpGroup Interhold Ltda.
- Corpbanca S.A.
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
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
- Chile (Republic of)
- Banco del Estado de Chile
- Banco Santander-Chile
- Banco de Chile
- Banco de Credito e Inversiones
- Scotiabank Sudamericano
- Banco Santander-Chile S.A.
- Banco Security
- Banco Bilbao Vizcaya Argentaria Chile y Filiales
- LQ Inversiones Financieras S.A.
- Inversiones CorpGroup Interhold Ltda.
- Corpbanca S.A.
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