Good geographic and loan portfolio diversification in Central America Limited degree of financial support from General Electric Capital Corp. (GECC; AAA/Stable/A-1+) Sound risk-management capabilities Steady and high profitability Businesses operates in a region with small economies Risks stem from the loan portfolio (devaluation risk in Costa Rica) Pressured capital ratio Standard&Poor's Ratings Services' ratings on BAC International Bank Inc. (BIB) are based on those on Credomatic International Corp. (CIC; BBB/Stable/A-2), which is BIB's main subsidiary and represents most of its assets, loan portfolio, and profits. BIB is incorporated in Panama, with two main wholly owned subsidiaries, BAC International Bank Inc. (Grand Cayman) and CIC. GECC owns a 49.99% stake in BIB, and the ratings consider a limited degree
