Panama's National Bank gets AA credit rating

The National Bank of Panama is the biggest commercial property owned by the state and is third largest enterprise in the countryin terms of assets.

Friday, July 25, 2008

Fitch Rating has given the bank a AA rating, with a positive outlook, a rating that is consistent with Panama's sovereign debt.

More on this topic

El Salvador: Debt Rating Gets Worse

December 2016

Two months after reducing the rating from B + to B, Standard & Poor's has now reduced the note to B-, with a negative outlook.

From a press release by Standard & Poor's:

El Salvador's liquidity has deteriorated significantly because of protracted negotiations between the government and opposition parties on a comprehensive set of fiscal reforms that has weakened debt management.

Honduran Banks Outlook

August 2009

Fitch Ratings Central America commented on the state of the Honduran banking system, in the light of recent political developments.

Risks faced by Honduran banks due to the adverse economic environment have increased as a result of recent political events in the country. A Fitch report on April 2009 reported that Honduran banks were sensibly affected by the adverse local and regional economic environment.

Central American Banks: Annual Results and Perspectives

April 2009

Fitch Ratings reported that the risks to regional banks during the current crisis are growing and represent a major challenge for 2009.

The combination of reduced credit expansion, fund restrictions and increasing loan provisions have limited the profits of most banks and it is expected for these factors to continue to pressure the results in the coming months.

Fitch: Ratings of Costa Rican Financial Institutions

April 2008

In its semi-annual review of national ratings assigned to Costa Rican financial institutions, based on results to Dec. 31, 2007, Fitch announced the ratings it has given.

The ratings are as follows:
Banco Crédito Agricola de Cartago: AA+(cri) for the short term. Outlook: stable.

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