Banco BAC San José, S.A.  - Fitch Research

Banco BAC San José, S.A.

Banco BAC San José, S.A.  - Fitch Research
Banco BAC San José, S.A.
Published Dec 18, 2014
11 pages (7183 words) — Published Dec 18, 2014
Price US$ 550.00  |  Buy this Report Now

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Brief Excerpt:

...Support from Banco de Bogotß : Banco BAC San JosT, S.A.'s (BAC San Jose) IDRs reflect its parent's support, Banco de Bogota (`BBB+'/F2), if required. Banco de Bogota's IDR reflects its ability to support BAC San Jose. As part of BAC|Credomatic group, BAC San Jose is considered core to its parent, based on its meaningful size, important contribution to consolidated net income and key role in regional strategy. The bank's support rating (SR) of `2' reflects Banco de Bogota's high probability to provide support to BAC San Jose, if required. Solid Regional Franchise: BAC|Credomatic network enjoys a highly recognized franchise in Central America due to its leadership position in the consumer loan, credit card businesses and regional treasury management. The strong footprint of the entities that form part of this regional group explains operating under a different brand to that of its parent, as well as to maintain distinct product and independent management. Consistently High Performance: BAC...

  
Report Type:

Full Rating Report

Company(ies)
Issuer
Banco BAC San Jose, S.A.
Format:
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MLA:
Fitch Research. "Banco BAC San José, S.A. " Dec 18, 2014. Alacra Store. May 06, 2025. <http://www.alacrastore.com/fitch-credit-research/Banco-BAC-San-Jos-S-A-822988_report_frame>
  
APA:
Fitch Research. (). Banco BAC San José, S.A. Dec 18, 2014. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/fitch-credit-research/Banco-BAC-San-Jos-S-A-822988_report_frame>
  
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