Moody's gives AF BanRegio Baa3, Aa3.mx, certificados bursatiles MX-1

Moody's Investors Service said it assigned long- and short-term global local currency issuer ratings of Baa3 and Prime-3 to AF BanRegio, SA de CV SOFOM.

On its Mexican national scale, Moody's said it assigned long- and short-term issuer ratings of Aa3.mx and MX-1, respectively, to AF BanRegio.

At the same time, Moody's de Mexico said it assigned a short-term Mexican national-scale debt rating of MX-1 and Prime-3 to AF BanRegio's Ps. 1.5 billion program of short-term certificados bursatiles.

The outlook is stable.

According to Moody's, AF BanRegio's ratings reflect the connections that exist between this entity and its sister bank Banco Regional de Monterrey, SA.

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