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Article: Fitch Affs Banco Santiago & Banco Santander Chile's Ratings.
- Article from:
- Business Wire
- Article date:
- April 22, 2002
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Business Editors
NEW YORK--(BUSINESS WIRE)--April 22, 2002
Fitch Ratings has affirmed Banco Santiago's (Santiago) foreign currency short-term 'F2', long-term 'A-' (Outlook Stable), local currency short-term 'F1', long-term 'A+', Individual 'B' and Support '2' ratings. Banco Santander Chile's (BSC) ratings have also been affirmed at foreign currency short-term 'F2', long-term 'A-' (Outlook Stable), local currency short-term 'F1', long-term 'A+', Individual 'B' and Support '3'.
This action follows the announcement by Spain's Banco Santander Central Hispano (SCH) that it has acquired the 35.45% stake held in Santiago by Chile's Central Bank for ...