Negative Perspective on Salvadorian BanksFitch changed its long term perspective rating from "stable" to "negative" for the banks Agricola, HSBC, and Scotiabank in El SalvadorWednesday, June 24, 2009
The reason for this change is the current "negative" perspective for the sovereign rating for the Republic of El Salvador, which could affect the Issuer Default Rating for the long term for the three main banks in El Salvador in the case that the rating is reduced again in the country. Source: Fitch Ratings Centroamerica ¿Busca soluciones de inteligencia comercial para su empresa?
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