Fitch lowers four Guatemala banks views to negative

Fitch Ratings said it affirmed all foreign- and local-currency issuer default ratings and revised the outlooks to negative from stable on Banco Agromercantil de Guatemala SA, Banco Industrial SA, Banco de Desarrollo Rural, SA (Banrural) and Banco G&T Continental SA (G&TC).

Fitch also said it affirmed the national ratings and revised the outlooks to negative from stable on BI Bank, SA and GTC Bank, Inc.

These rating actions follow Guatemala's sovereign outlook revision to negative from stable, the agency said.

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