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Article: MOODY'S UPGRADES BOLIVIAN BANKS' FOREIGN CURRENCY DEPOSIT AND DEBT RATINGS
- Article from:
- Info-Prod Research (Middle East)
- Article date:
- October 1, 2009
CopyrightCopyright 2009 Info-Prod Research (Middle East). Provided by ProQuest LLC. (Hide copyright information)
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Moody's Investors Service upgraded toB3 from Caa1 the long-term
global foreign currency deposit ratings ofBanco Mercantil Santa Cruz
S.A., Banco Solidario S.A., Banco Nacional deBolivia S.A., Banco
Bisa S.A., Banco Ganadero S.A., Banco Econ?mico S.A.,Fondo
Financiero Privado Fassil S.A. and Fondo Financiero Privado
EcoFuturo S.A. The rating action follows a similar action on the
countryceiling for foreign currency deposits. The short-term global
foreign currency deposit ratings of Not Prime were affirmed. Moody's
Latin America also affirmed the A1.bo national scale foreign
currency deposit ratings of the aforementioned entities. At the same
time, the rating agency upgraded to B1 from B2 the ...