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Published on 7/23/2018 in the Prospect News Emerging Markets Daily.

Fitch affirms Banco Inbursa

Fitch Ratings said it affirmed Banco Inbursa, SA, Institucion de Banca Multiple, Grupo Financiero Inbursa's viability rating at bbb+ and long-term issuer default ratings at BBB+.

The outlook is stable.

The viability rating is bbb+.

“The bank's robust loss-absorbing capacity, which is underpinned by ample capitalization ratios and further enhanced by sound levels of loan loss allowances, and its strong company profile highly influence its VR,” the agency said in a news release.

“BInbursa's ratings also consider the bank's sound and stable earnings and its reasonable funding and liquidity profiles.”


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