OREANDA-NEWS. July 16, 2012. Indusval S.A. (BI&P - Banco Indusval & Partners) (BM&FBOVESPA: IDVL3 and IDVL4), a commercial bank with over 40 years experience in the Brazilian financial market, informs its shareholders and the market that the rating agency Fitch affirmed yesterday BI&P's credit ratings, as follows:

      Brazil Long Term Rating 'BBB(bra)', Stable Perspective

      Brazil Short Term Rating 'F3(bra)'

Fitch states that the rating affirmation is based on the " Bank's good capital ratios and the implementation of upper middle diversification strategy", that in our concept comprises companies with annual revenues exceeding BRL 400 million, and is denominated Corporate segment within our structure.

The agency also highlights that the strategic measures taken by BI&P since its organizational restructuring initiated in 2011, including the expansion of business with larger companies, should favor loan portfolio quality and results diversification.