S&P rates Banco de Credito e Inversiones notes A

S&P said it assigned its A issue-level rating to Banco de Credito e Inversiones' (A/stable/A-1) CHF 175 million senior unsecured medium-term notes due 2024.

“Our ratings reflect BCI's sound competitive position, given its significant presence in the Chilean financial system and its diversified business activities by sector, segment, by location in Chile, and by country,” S&P said in a news release.

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