Banco G&T Continental 'BB/B' Ratings Affirmed; Outlook Remains Stable - S&P Global Ratings’ Credit Research

Banco G&T Continental 'BB/B' Ratings Affirmed; Outlook Remains Stable

Banco G&T Continental 'BB/B' Ratings Affirmed; Outlook Remains Stable - S&P Global Ratings’ Credit Research
Banco G&T Continental 'BB/B' Ratings Affirmed; Outlook Remains Stable
Published Mar 24, 2014
1512 words — Published Mar 24, 2014
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We expect Guatemala-based bank Banco G&TC to maintain its strong business profile as one of the largest bank in the country, and to diversify its loan portfolio in 2014. Our projected risk adjusted capital ratio remains moderate considering a capital injection for about $50 million during 2014. We are affirming our 'BB' long-term and 'B' short-term issuer credit ratings on the bank. As the sovereign ratings constrain our ratings on Banco G&TC, our ratings on it will likely move in tandem with those on the sovereign. MEXICO CITY (Standard&Poor's) March 24, 2014--Standard&Poor's Ratings Services affirmed its 'BB/B' counterparty credit ratings on Banco G&T Continental S.A. The stand-alone credit profile (SACP) remains at 'bb+'. The outlook is

  
Brief Excerpt:

RESEARCH Banco G&T Continental '##/B' Ratings Affirmed; Outlook Remains Stable Publication date: 24-Mar-2014 Primary Credit Analyst: Jesus S Sotomayor, Mexico City 52 (55) 5081 4486; jesus.sotomayor@standardandpoors.com Secondary...

  
Report Type:

Ratings Action

Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Region
Latin America
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Banco G&T Continental 'BB/B' Ratings Affirmed; Outlook Remains Stable" Mar 24, 2014. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Banco-G-T-Continental-BB-B-Ratings-Affirmed-Outlook-Remains-Stable-1282808>
  
APA:
S&P Global Ratings’ Credit Research. (). Banco G&T Continental 'BB/B' Ratings Affirmed; Outlook Remains Stable Mar 24, 2014. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Banco-G-T-Continental-BB-B-Ratings-Affirmed-Outlook-Remains-Stable-1282808>
  
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