Strong business stability, as the largest bank in the country. Sound asset quality and stable funding sources base on deposits. Moderate capitalization due to Guatemala's economic risk Concentration in the commercial and corporate segment despite a boost in consumer lending Dollarization levels remain higher than the industry The stable outlook mirrors that on the sovereign. We expect BI to continue as the largest bank in the country, while it maintains adequate and stable asset quality metrics and a risk-adjusted (RAC) ratio at about 5.5% for the next 12-18 months. A downgrade on BI is unlikely given that we would have to revise downward the bank's stand-alone credit profile (SACP) by three or more notches because the rating doesn't currently reflect
