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Prospect News home > News index > List of issuers B > Headlines for Banco BAC San Jose, SA > News item
Published on 3/4/2024 in the Prospect News Emerging Markets Daily.

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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