| Title: | Summary: Citibank N.A. (Uruguay Branch) |
| Price: | $175.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | Summary |
| Abstract: | Standard&Poor's Ratings Services' ratings on Citibank N.A. Uruguay Branch (Citibank Uruguay) are based on its being a branch of Citibank N.A. New York, NY (AA/Watch Neg/A-1+). We assume that absent the sovereign's direct intervention, the parent company would ensure full and timely payment of the Uruguayan branch's obligations. The ratings on Citibank Uruguay are constrained by the sovereign credit ratings on the Republic of Uruguay, reflecting the sovereign intervention risk. The national scale ratings exclude that risk and indicate the bank's position relative to other financial institutions. Citibank's presence in Uruguay dates to 1915. With total assets of $541 million as of Dec. 31, 2007, it ranked seventh among the 14 private banks in Uruguay. Compared to other |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Citibank N.A. (Uruguay Branch) Publication date: ##-May-#### Primary Credit Analyst: Delfina Cavanagh, Buenos Aires (##) ##-####-####; delfina_cavanagh@standardandpoors.com Secondary Credit Analyst:... |
| Word Count: | 604 |
| Ticker: | 91885Z@UY |
| Issuer: | Citibank N.A. (Uruguay Branch) |
| GICS: | Regional Banks (40101015) |
| Sector: | Global Issuers, Structured Finance, Public Finance, Financial Institutions, Insurance, Corporations, Utilities, Asset-Backed Securities, Collateralized Debt Obligations, Asset-Backed Commercial Paper, Commercial MBS, Residential MBS |
| Country: | Uruguay |
| Region: | United States |
| Format: | 
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