Banco Mercantil SA http://www.alacrastore.com/company-snapshot/Banco_Mercantil_SA-2019262 Saturday, July 26, 2008 1:37:07 PM 2019262 Banco Mercantil SA en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/moodys/PR_158812_820781708moodys/PR_158812_820781708htmlGlobal Credit Research Announcement # JUL #### Announcement: Fondo Financiero Privado Fassil S.A. Moody's: stable credit-trend outlook for Bolivia's banking industry Buenos Aires, July ##, #### -- The Bolivian banking system's credit-trend...7/8/2008 12:51:55 AMhtmlFondo Financiero Privado Fassil S.A.Bisa Leasing S.A.Banco de la Nacion Argentina (Bolivia)Banco Solidario S.A. (Bolivia)Banco Economico S.A. (Bolivia)Banco Ganadero S.A.Banco Mercantil Santa Cruz S.A.Banco Nacional de Bolivia S.A.Banco BISA S.A.BoliviaBanco BISA S.A.; Banco de la Nacion Argentina (Bolivia); ...820781708809351399600065812600046062600046059600046056600023650600023586600023585600018902150.0000NewsAnnouncementPR_158812_820781708Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_158816_820781708moodys/PR_158816_820781708htmlGlobal Credit Research Announcement # JUL #### Announcement: Fondo Financiero Privado Fassil S.A. Moody's: perspectiva estable para la industria bancaria de Bolivia Buenos Aires, July ##, #### -- La perspectiva de la tendencia crediticia...7/8/2008 12:51:55 AMhtmlFondo Financiero Privado Fassil S.A.Bisa Leasing S.A.Banco de la Nacion Argentina (Bolivia)Banco Solidario S.A. (Bolivia)Banco Economico S.A. (Bolivia)Banco Ganadero S.A.Banco Mercantil Santa Cruz S.A.Banco Nacional de Bolivia S.A.Banco BISA S.A.BoliviaBanco BISA S.A.; Banco de la Nacion Argentina (Bolivia); ...820781708809351399600065812600046062600046059600046056600023650600023586600023585600018902150.0000NewsAnnouncementPR_158816_820781708Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/bir/448243bir/448243normBanco Mercantil Santa Cruz S.A.BoliviaFinance: Multi-service bank60215221109EKBME6/13/2008 6:28:00 AM448243Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/moodys/PR_149946_600065812moodys/PR_149946_600065812htmlMoody's: Stable Outlook for Andean Bank RatingsAnnouncement2/26/2008 12:25:45 AMBanco de la Nacion Argentina (Bolivia)600065812150.0000Newshtml600046062Banco Solidario S.A. (Bolivia)600046059Banco Economico S.A. (Bolivia)600046056Banco Ganadero S.A.600023650Banco Mercantil Santa Cruz S.A.600023586Banco Nacional de Bolivia S.A.600023585Banco BISA S.A.600022305Banco de Credito del Peru600018902Bolivia600018578Peru600016509Bancolombia S.A.600015943Banco Mercantil, C.A., Banco Universal600015941Banco de Venezuela, S.A. Grupo Santander600014834Banco de Bogota600013497Venezuela600013453ColombiaBanco BISA S.A.; Banco de Bogota; Banco de Credito del Peru; ...PR_149946_600065812Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_149947_600065812moodys/PR_149947_600065812htmlMoody's: Perspectiva estable para calificaciones de los bancos andinosAnnouncement2/26/2008 12:25:45 AMBanco de la Nacion Argentina (Bolivia)600065812150.0000Newshtml600046062Banco Solidario S.A. (Bolivia)600046059Banco Economico S.A. (Bolivia)600046056Banco Ganadero S.A.600023650Banco Mercantil Santa Cruz S.A.600023586Banco Nacional de Bolivia S.A.600023585Banco BISA S.A.600022305Banco de Credito del Peru600018902Bolivia600018578Peru600016509Bancolombia S.A.600015943Banco Mercantil, C.A., Banco Universal600015941Banco de Venezuela, S.A. Grupo Santander600014834Banco de Bogota600013497Venezuela600013453ColombiaBanco BISA S.A.; Banco de Bogota; Banco de Credito del Peru; ...PR_149947_600065812Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/624799spcred/624799normThe latest Full Report from S&P1/9/2008 1:15:44 PMFull Report400global624799BoliviaDiversified BanksLatin AmericaEmerging MarketsGlobal IssuersFinancial InstitutionsFull ReportLeading competitive position Experienced and stable management and conservative policies High risks inherent to operating in Bolivia's financial system, largely due to the country's high sovereign risk The challenge to consolidate asset quality and capitalization levels given the high-risk operating environment Challenges stemming from the merger with Banco Santa Cruz The ratings on Banco Mercantil Santa Cruz S.A. (BMSC) are constrained by the uncertainty intrinsic to Bolivia's financial system and the country's high sovereign risk. Nevertheless, despite the frail operating environment and the merger costs of the Banco Santa Cruz acquisition, BMSC has shown consistent performance. The bank enjoys a leading competitive position in the country, relatively good liquidity, and adequate profitability, in addition to its conservative management. Following theBOL05960940101010 401010 4010 40Banco Mercantil Santa Cruz S.A.325188LATAMERICAEMERGINGBM@VCFULLGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/624801spcred/624801normThe latest Summary from S&P1/9/2008 1:15:44 PMSummary175global624801BoliviaDiversified BanksLatin AmericaEmerging MarketsGlobal IssuersFinancial InstitutionsSummaryThe ratings on Banco Mercantil Santa Cruz S.A. (BMSC) are constrained by the uncertainty intrinsic to Bolivia's financial system and the country's high sovereign risk. Nevertheless, despite the frail operating environment and the merger costs of the Banco Santa Cruz acquisition, BMSC has shown consistent performance. The bank enjoys a leading competitive position in the country, relatively good liquidity, and adequate profitability, in addition to its conservative management. Following the acquisition of Banco Santa Cruz in early 2006, BMSC became the largest Bolivian bank (before its merger with Banco Santa Cruz in 2006, the institution ranked second in terms of loans and deposits in the Bolivian financial system), holding a 19.9% market share in loans and 24.7% in deposits asBOL05960940101010 401010 4010 40Banco Mercantil Santa Cruz S.A.325188LATAMERICAEMERGINGBM@VCSUMMARYGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_147036_809351399moodys/PR_147036_809351399htmlAnnouncement1/4/2008 3:59:07 PMGlobal Credit Research Announcement # JAN #### Announcement: Bisa Leasing S.A. Moody's: stable outlook for Bolivia's banks New York, January ##, #### -- Moody's Investors Service maintains a stable outlook for the average D- bank financial...Bisa Leasing S.A.809351399150.0000Newshtml600065812Banco de la Nacion Argentina (Bolivia)600046062Banco Solidario S.A. (Bolivia)600046059Banco Economico S.A. (Bolivia)600046056Banco Ganadero S.A.600023650Banco Mercantil Santa Cruz S.A.600023586Banco Nacional de Bolivia S.A.600023585Banco BISA S.A.Banco BISA S.A.; Banco de la Nacion Argentina (Bolivia); ...PR_147036_809351399Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_147109_809351399moodys/PR_147109_809351399htmlAnnouncement1/4/2008 3:59:07 PMGlobal Credit Research Announcement # JAN #### Announcement: Bisa Leasing S.A. Moody's: perspectiva estable para los bancos de Bolivia New York, January ##, #### -- Moodys Investors Service mantiene una perspectiva estable para la...Bisa Leasing S.A.809351399150.0000Newshtml600065812Banco de la Nacion Argentina (Bolivia)600046062Banco Solidario S.A. (Bolivia)600046059Banco Economico S.A. (Bolivia)600046056Banco Ganadero S.A.600023650Banco Mercantil Santa Cruz S.A.600023586Banco Nacional de Bolivia S.A.600023585Banco BISA S.A.Banco BISA S.A.; Banco de la Nacion Argentina (Bolivia); ...PR_147109_809351399Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_600023650moodys/COP_600023650htmlGlobal Credit Research Credit Opinion ## MAR #### Credit Opinion: Banco Mercantil Santa Cruz S.A. Banco Mercantil Santa Cruz S.A. La Paz, Bolivia Ratings Category Moody's Rating Outlook Stable Bank Deposits -Fgn Curr Caa#/NP Bank Deposits...Credit Opinion1/4/2008 2:20:00 AMBanco Mercantil Santa Cruz S.A.600023650150.0000NewshtmlBanco Mercantil Santa Cruz S.A.COP_600023650Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/BS_600023650moodys/BS_600023650htmlGlobal Credit Research Banking Statistics ## MAR #### Banking Statistics: Banco Mercantil Santa Cruz S.A. Banco Mercantil Santa Cruz S.A. Download Banking Statistics in .csv format Bank Deposit obligation rating(FC): Caa#/NP Bank...Banking Statistics1/4/2008 2:19:00 AMBanco Mercantil Santa Cruz S.A.600023650300.0000AnalysishtmlBanco Mercantil Santa Cruz S.A.BS_600023650Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/611512spcred/611512normThe latest News from S&P11/5/2007 6:30:52 PMNews100global611512BoliviaDiversified BanksLatin AmericaEmerging MarketsGlobal IssuersFinancial InstitutionsSovereignsNewsBUENOS AIRES (Standard&Poor's) Nov. 5, 2007--Standard&Poor's Ratings Services today revised its outlook on Banco Mercantil Santa Cruz S.A. (BMSC) to stable from negative, following a similar change in the sovereign outlook on Bolivia, reflecting the close linkage between the sovereign and financial system credit quality in Bolivia. At the same time, Standard&Poor's affirmed its 'B-/C' local currency counterparty credit, foreign currency counterparty credit, and CD ratings on the bank. "The outlook revision reflects the newly revised outlook on Bolivia," said Standard&Poor's credit analyst Carina Lopez. The stable outlook on the sovereign ratings reflects the country's adherence to stable macroeconomic policy and improvement in key economic and vulnerability indicators. Political noise is likelyBOL05960940101010 401010 4010 40Banco Mercantil Santa Cruz S.A.325188LATAMERICAEMERGINGBM@VCNEWSBOL097670Bolivia (Republic of)324889EMERGINGLATAMERICA1003Z@VBGLOBISSFISOVCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/611513spcred/611513normThe latest Research Update from S&P11/5/2007 6:30:52 PMResearch Update175global611513BoliviaDiversified BanksLatin AmericaEmerging MarketsGlobal IssuersFinancial InstitutionsSovereignsResearch UpdateOn Nov. 5, 2007, Standard&Poor's Ratings Services revised its outlook on Banco Mercantil Santa Cruz S.A. (BMSC) to stable from negative, following a similar change in the sovereign outlook on Bolivia, reflecting the close linkage between the sovereign and financial system credit quality in Bolivia. At the same time, Standard&Poor's affirmed its 'B-/C' local currency counterparty credit, foreign currency counterparty credit, and CD ratings on the bank. The stable outlook on the sovereign ratings reflects the country's adherence to stable macroeconomic policy and improvement in key economic and vulnerability indicators. Political noise is likely to remain high over the coming months as the Constituent Assembly aims to conclude its work. However, Standard&Poor's expects theBOL05960940101010 401010 4010 40Banco Mercantil Santa Cruz S.A.325188LATAMERICAEMERGINGBM@VCRESUPDBOL097670Bolivia (Republic of)324889EMERGINGLATAMERICA1003Z@VBGLOBISSFISOVCredit & Investment ResearchS&P Credit Research