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Article: Fitch Upgrades Banco BHD's Long-Term National Rating to 'AA-(dom)'.
- Article from:
- Health & Beauty Close-Up
- Article date:
- July 27, 2009
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Fitch Ratings upgrades Dominican Republic-based Banco BHD's (BHD) ratings as follows:
--Long-term National rating to 'AA-(dom)' from 'A+(dom)';
--Short-term National rating to 'F-1+(dom)' from 'F-1(dom)'.
Fitch also affirms BHD's international ratings as specified in the full list of rating actions below.
The Rating Outlook for BHD's international Issuer Default Ratings (IDRs) was revised to Stable from Positive given the challenging operating environment and the need to keep enhancing its capital base compared to other regional and international players rated in the higher end of the 'B' rating category. The upgrade of BHD's ...