Fitch Affirms Costa Rica's RatingsFriday, February 13, 2009 Long-term foreign currency Issuer Default Rating (IDR) at BB, Long-term local currency IDR at BB+, Short-term IDR at B, Country ceiling at BB+. The Rating Outlook is Stable. Fitch Affirms Costa Rica's RatingsFriday, February 13, 2009 Long-term foreign currency Issuer Default Rating (IDR) at BB, Long-term local currency IDR at BB+, Short-term IDR at B, Country ceiling at BB+. The Rating Outlook is Stable. Aseguradora Mundial Guatemala's rating upgraded to AA-(gtm)Tuesday, July 29, 2008 Fitch based the rating on the solid operating performance, wide reinsurance coverage, and on the strength and experience of Grupo Mundial, amongst other factors The rating outlook is Stable. The main aspect that limits the rating is the relatively high portfolio of outstanding premiums, which can create an element of risk with regards to liquidity. Fitch Reaffirms "BBB" Rating for PanamaWednesday, May 15, 2013 The rating agency noted the average economic growth of 8.6% over the past five years, dollarization and the country's robust financial system. In its report, Fitch Ratings also noted the high levels of inflation in the economy, but stresses that expected to fall gradually to a level of 4.4% over the next two years. Honduran Banks OutlookThursday, August 6, 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. This was particularly visible in less profit, as well as a deterioration of the loan portfolio. Right now, Honduran banks face greater challenges, due to higher currency exchange risks, and worse credit portfolios. Fitch Lowers Banco Transatlántico RatingMonday, June 14, 2010 Fitch Ratings lowered the bank’s long term risk rating from “B(pan)” to “B-(pan)”; the outlook is now stable. Transatlantico’s short term rating was affirmed at “B (pan)”. El Salvador Among Economies with Worst PrognosisFriday, February 15, 2013 The ratings agency Fitch Rating puts El Salvador along with Argentina, Jamaica and Venezuela, in the group of countries in the region which will grow the least in 2013. Elmundo.com.sv reports that "El Salvador, along with Venezuela and Argentina, is the country with the worst credit rating in Latin America, according to a report by the risk measurement agency Fitch, which categorizes the prospects of credit rating of these countries as 'negative'. " Panama Canal Authority (ACP) get rated by MoodyThursday, September 11, 2008 Moody's announced a prospective investment rating A2, which is above the country's rating of A3. The rating of the ACP reflects the financial and operational stability of the entity and the project for the construction of a third set of locks and the widening of the 80 km inter-oceanic link. Panama's Risk Rating ImprovesTuesday, April 30, 2019 Arguing that the country has a diversified economy which has contributed to sustained GDP growth, Standard and Poor´s raised the rating from BBB to BBB+, with a stable outlook. Economic diversification has also allowed per capita income to double in the last decade, one of Standard and Poor's arguments for raising the rating. Fitch Reaffirms "BB +" Rating for GuatemalaFriday, July 12, 2013 The rating agency has set Guatemala's international rating at "BB +" with a negative outlook. In its report, Fitch Ratings points to Guatemala's slow progress in solving structural problems and the fact that it still has fiscal conditions limited by a scope which is lower than expected by the tax reform. Costa Rica: Fitch Maintains Sovereign RatingThursday, January 21, 2016 The agency has maintained its BB + rating with a negative outlook but again warned about the high fiscal deficit and the difficulties the country faces in passing a tax reform bill. From a statement issued by Fitch Ratings: Negative Outlook for Salvadoran Debt RatingThursday, January 3, 2013 Standard & Poor's placed has set El Salvador’s risk rating as ‘negative outlook’, indicating deterioration in the investment climate and growth of the fiscal deficit. Last Friday Standard & Poor's Ratings (S & P) cut its forecast for El Salvador, arguing that the climate of increasing political polarization is weighing on investment and economic growth. Moody's: Negative Outlook Rating for HondurasWednesday, February 27, 2013 A worsening fiscal situation, together with a deterioration in the country's external finances, are cause of concern. From a statement by Moody's: S & P Upgrades Honduras’ Risk RatingFriday, June 8, 2012 The rating agency Standard & Poor's has raised the rating of Honduras’ long term debt from "B" to "B +". S & P raised its rating of Honduras’ long term debt from "B"to "B +" with a stable outlook, considering that the better political stability in the country is allowing its leaders to focus on the long term and implement reforms. S&P Upgrades Guatemala's RatingFriday, September 7, 2012 The promotion to "BB" rating with a stable outlook is based on better GDP growth and tax revenues. From the press release: |
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