|
|
Article: Fitch Rates Banco De Chile; Withdraws Banco de A Edwards.
- Article from:
- Business Wire
- Article date:
- March 15, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
NEW YORK--(BUSINESS WIRE)--March 15, 2002
Fitch Ratings, the international rating agency, has assigned 'A-' long-term foreign currency (Rating Outlook Stable), 'F2' short-term foreign currency and 'B/C' individual ratings to Chile's Banco de Chile. The '2T' support rating has been affirmed. The ratings assigned to Banco de Chile reflect its established track record of sound financial performance as well as its importance to the system and strong franchise in Chile, which has been further strengthened by its merger with Banco de A Edwards (Edwards) in January 2002. The individual rating also reflects the slight deterioration in its asset ...