- Published: January 2002
- Region: United Kingdom
Research Update: Banco Fibra S.A. Ratings Affirmed At 'BB-/B' On Revised Bank Criteria; Outlook Stable Dec 11
- Published: December 2011
- Standard & Poors
Following our review of Banco Fibra under Standard & Poor's revised bank criteria (published on Nov. 9, 2011), we are affirming our global scale 'BB-/B' and national scale 'brA/brA-2' ratings on Banco Fibra S.A. The outlook on both scales is stable. Our ratings on Banco Fibra reflect its moderate business position, moderate capital and earnings, moderate risk position, below average funding, and moderate liquidity compared with those of other banks in Latin America. In our view, Banco Fibra's credit quality will remain stable over the next year while it consolidates its recent movement toward diversifying its credit portfolio. As we previously announced, on Dec. 6, 2011, Standard & Poor's Ratings Services affirmed its global scale 'BB-/B' and national scale 'brA/brA-2'...
Companies mentioned in this report are: Banco Fibra S.A.
Action: Outlook: Stable
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Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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Banco Fibra S.A.