Good geographic and loan portfolio diversification in Central America Limited degree of financial support from General Electric Capital Corp. (GECC; AAA/Negative/A-1+) Sound risk-management capabilities Steady and high profitability Businesses operates in a region with small economies Rapid growth of loan portfolio coupled with devaluation risk in Costa Rica Pressured capital ratio Standard&Poor's Ratings Services' ratings on BAC International Bank Inc. (BIB) reflects the group's adequate liquidity policies, geographic diversification in Central America, capable management team, ongoing highly profitable business, and sound risk management. The ratings on BIB are also based on our ratings on Credomatic International Corp. (CIC; BBB/Stable/A-2), the bank's main subsidiary. CIC accounts for most of BIB's assets, loan portfolio, and profits. BIB is incorporated in
