...Robust Franchise: BBVA Banco Continental S.A.'s (BC) viability rating (VR) and issuer default ratings (IDRs) reflect its robust franchise, solid performance, good profitability, high efficiency, good asset quality and ample reserves, wide and low cost deposit base and strong capital. Strong, Consistent Performance: BC has consistently been among the most profitable banks in Peru and the region thanks to its robust growth, resilient margins and high operating efficiency. In addition, the adroit management of credit risk, that minimizes credit cost, has contributed to a ROAA above 2.5% for the past six years. Best-in-Class Efficiency: BC's solid top revenue line, adequate cost controls and efficiency- minded staff contribute to achieve a regional benchmark efficiency ratio. Sound Asset Quality/Reserves: Amid a sound economic backdrop, BC's moderate risk appetite, adequate credit policies and risk management tools contribute to maintain its asset quality among the best in the region. BC's...
