Fitch Affirms Ratings of 7 Brazilian Midsized Banks
OREANDA-NEWS. Fitch Ratings has reviewed all of the ratings of the following Brazilian midsized banks:
--Banco ABC Brasil S. A. (ABC Brasil)
--Banco Alfa de Investimento S. A. (Alfa)
--Banco Daycoval S. A. (Daycoval)
--Banco Industrial do Brasil S. A. (Industrial)
--Banco Pine S. A. (Pine)
--Banco Safra S. A. (Safra)
--Safra Leasing Arrendamento Mercantil S. A. (Safra Leasing)
--Parana Banco S. A. (Parana)
A full list of rating actions is provided at the end of this release.
For further details of these entities, as well as for regulatory information, including the rating drivers and sensitivities, please see the individual press releases for each bank published today and available on Fitch's website at 'www. fitchratings. com' and 'www. fitchratings. com. br'.
Fitch has affirmed the following ratings:
ABC Brasil
--Long-Term Foreign and Local Currency IDRs at 'BB+', Outlook Negative;
--Short-Term Foreign and Local Currency IDRs at 'B';
--Viability rating at 'bb';
--Long-term National rating at 'AA+(bra)', Outlook Stable;
--Short-term National rating at 'F1+(bra)';
--Support rating at '3'.
Alfa
--Long-term National Rating at 'AA(bra)', Outlook Stable;
--Short-term National Rating at 'F1+(bra)'.
Daycoval
--Long-term Foreign and Local Currency IDRs at 'BB', Outlook Negative;
--Short-Term Foreign and Local Currency IDRs at 'B';
--Viability rating at 'bb';
--Long-term National rating at 'AA(bra)', Outlook Stable;
--Short-term National rating at 'F1+(bra)';
--Support rating at '5';
--Support rating floor at 'NF';
--Senior unsecured USD notes due 2019, foreign currency rating at 'BB'.
--Senior unsecured BRL letras financeiras due 2016 and 2017 at 'AA(bra).
Industrial
--Long-Term Foreign and Local Currency IDRs at 'BB'; Outlook Negative;
--Short-Term Foreign and Local Currency IDRs at 'B';
--Viability Rating at 'bb' ;
--Support Rating at '5';
--Support Rating Floor at 'NF'.
--Long-Term National Rating at 'AA - (bra)'; Outlook Stable;
--Short-Term National Rating to 'F1+ (bra)'.
Pine
--Long-Term Foreign and Local Currency IDRs at 'BB-', Outlook Negative;
-- Short-Term Foreign and Local Currency IDRs at 'B';
--Viability Rating at 'bb-';
--Support Rating at '5';
--Support Rating Floor at 'NF';
--Long-Term National Rating at 'A+(bra)', Outlook Negative;
--Short-Term National Rating affirmed at 'F1+(bra)'.
--Senior unsecured BRL letras financeiras due 2016 at 'A+(bra)';
--Subordinated Debt USD Notes due 2017 at 'B'.
--Huaso Bonds Program Expiring in 2022 at 'BBB+'.
Safra
--Long-Term Foreign and Local Currency IDRs at 'BB'; Outlook Negative
--Short-Term Foreign And Local Currency IDRs at 'B';
--Viability rating at 'bb';
--Support Rating at '4'
--Support rating floor at 'B+';
--National Long-Term rating at 'AA(bra)'; Outlook Stable;
--National Short-Term rating at 'F1+(bra)';
--Market-linked BRL Securities due 2016 and 2017 at 'BBemr';
--Senior unsecured CHF notes due 2017 and 2019 at 'BB'.
Safra Leasing:
--National Long-Term rating at 'AA+(bra)'; Outlook Stable;
--National Short-Term rating at 'F1+(bra)'.
--Subordinated Debenture Issues due 2017, 2035, 2036 and 2037 at 'AA(bra)' .
Parana
--Long-Term National Rating at 'AA-(bra)', Outlook Stable;
--Short-term National Rating at 'F1+(bra)'.]
Комментарии