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Published on 1/15/2008 in the Prospect News Emerging Markets Daily.

Fitch affirms Banco Fibra

Fitch Ratings said it affirmed Banco Fibra SA's national long- and short-term ratings at BBB+(bra) and F2 (bra), respectively.

At the same time, the agency said it has also affirmed its support rating at 5.

The long-term outlook is stable.

Fitch noted that the affirmation reflects the implied support provided by its controlling shareholder, Vicunha Group, Fibra's prudent liquidity management and good asset quality.


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