...Resilient Credit Profile: Banco Inbursa, S.A., Institucion de Banca Multiple, Grupo Financiero Inbursa's (BInbursa) ratings are driven by its intrinsic strength and reflect its good market position, above-peer capitalization, consistent funding and liquidity profile, and adequate credit and risk controls, despite a recent uptick in impaired loans. The bank's national ratings reflect its creditworthiness relative to other issuers in Mexico. Stable Operating Environment: Mexico's estimated GDP per capita for 2026 is USD16,018 and Fitch's Operational Risk index (ORI) percentile was 47.9% in July 2026, which supports the implied score of 'bbb'. The operating environment (OE) score of 'bb+'/stable is below its implied score of 'bbb'. Fitch applies a negative adjustment considering economic performance, as the operating conditions for Mexican banks remain, but subdued economic performance continues to influence the ability of banks to generate business. Consistent Business Profile, Growing Revenues:...
