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Prospect News home > News index > List of issuers B > Headlines for Banco Popular y de Desarrollo Comunal > News item |
Fitch ups Costa Rican banks
Fitch Ratings upgraded five Costa Rican banks and one Panamanian bank following the upgrades of Costa Rica's long-term foreign and local currency issuer default ratings to BB from BB-.
Fitch said it upgraded Banco Nacional de Costa Rica, Banco de Costa Rica, Banco Popular y de Desarrollo Comunal, Banco Internacional de Costa Rica, SA to BB from BB-. It also raised Banco BAC San Jose, SA and Banco Davivienda, SA to BB+ from BB.
The outlook is stable.
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