- Language: English
- 675 Pages
- Published: April 2013
- Region: Global
Research Update: FinComun Servicios Financieros Comunitarios 'BB-/B' Global Scale, 'mxBBB+/mxA-2' National Scale Ratings Affirmed Mar 12
- Published: March 2012
- Region: Global
- Standard & Poors
FinComun ratings reflect its moderate business position, adequate capital and earnings and liquidity, weak risk position, and below-average funding. We are affirming our 'BB-/B' global scale and 'mxBBB+/mxA-2' Mexican national scale issuer credit ratings on FinComun. The stable outlook reflects our belief that FinComun will improve its profitability and asset quality in 2012, but very slowly. On March 7, 2012, Standard & Poor's Ratings Services affirmed its issuer credit ratings on Mexico-based microfinance company FinComun Servicios Financieros Comunitarios S.A. de C.V. Sociedad Financiera Popular at 'BB-/B' on the global scale and 'mxBBB+/mxA-2' on the Mexican national scale. The outlook is stable. The stand-alone credit profile (SACP) is 'bb-'. Standard & Poor's ratings on FinComun reflect its "moderate" business position, "adequate"...
Companies mentioned in this report are: FinComun Servicios Financieros Comunitarios S.A. de C.V. Sociedad Financiera Popular
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.
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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FinComun Servicios Financieros Comunitarios S.A. de C.V. Sociedad Financiera Popular