Banco G&T Continental S.A. Outlook Revised To Stable From Negative On Similar Sovereign Action - S&P Global Ratings’ Credit Research

Banco G&T Continental S.A. Outlook Revised To Stable From Negative On Similar Sovereign Action

Banco G&T Continental S.A. Outlook Revised To Stable From Negative On Similar Sovereign Action - S&P Global Ratings’ Credit Research
Banco G&T Continental S.A. Outlook Revised To Stable From Negative On Similar Sovereign Action
Published Sep 07, 2012
1080 words — Published Sep 07, 2012
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About This Report

  
Abstract:

On Sept. 6, 2012, we revised the outlook on the Republic of Guatemala to stable from negative. We are revising our outlook on Guatemala-based bank Banco G&T Continental to stable from negative. We expect the bank to keep its strong business position within the Guatemalan banking system. MEXICO CITY (Standard&Poor's) Sept. 7, 2012--Standard&Poor's revised its long-term rating outlook on Banco G&T Continental S.A. to stable from negative. At the same time, we affirmed our 'BB' long-term and 'B' short-term ratings on the bank. The rating action on Banco G&T Continental follows our outlook revision on Guatemala (please see "Republic Of Guatemala Outlook Revised To Stable From Negative On Stabilization Of Fiscal Prospects; Ratings Affirmed,"

  
Brief Excerpt:

RESEARCH Banco G & T Continental S.A. Outlook Revised To Stable From Negative On Similar Sovereign Action Publication date: 07-Sep-2012 Primary Credit Analyst: Arturo Sanchez, Mexico City (52) 55-5081-4468; arturo_sanchez@standardandpoors.com...

  
Report Type:

Ratings Action

Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Region
Latin America
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Banco G&T Continental S.A. Outlook Revised To Stable From Negative On Similar Sovereign Action" Sep 07, 2012. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Banco-G-T-Continental-S-A-Outlook-Revised-To-Stable-From-Negative-On-Similar-Sovereign-Action-1008530>
  
APA:
S&P Global Ratings’ Credit Research. (). Banco G&T Continental S.A. Outlook Revised To Stable From Negative On Similar Sovereign Action Sep 07, 2012. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Banco-G-T-Continental-S-A-Outlook-Revised-To-Stable-From-Negative-On-Similar-Sovereign-Action-1008530>
  
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