Fitch: BTG Pactual view to positive

Fitch Ratings said it affirmed the ratings of Banco BTG Pactual SA and its related parties: BTG Investments LP, Banco Panamericano SA, Brazilian Finance & Real Estate, Brazilian Mortgages Companhia Hipotecaria and Brazilian Securities Companhia de Securitizacao and of its holding company BTG Pactual Holding SA.

The outlook was revised to positive from stable.

Fitch said the outlook revision to positive from stable reflects its expectation that BTG Pactual will continue to benefit from the increasing diversification of its business franchise carried out over the last three years, expand its leadership in the Latin American region and preserve adequate leverage metrics and profitability.

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