Strong business stability as the largest bank in the country; Adequate asset quality and profitability metrics; and Stable funding sources based on deposits, and manageable short term obligations. Moderate capitalization result of strong loan growth rates; Higher level of dollarization in its loan portfolio compared to the Guatemalan banking system; and Operations in a small economy. The stable outlook on BI reflects that on the sovereign; the current SACP is 'bb+', one notch above the sovereign rating. The stable outlook also continues to reflect our expectation that its business position remain strong, considering its market position in the country and its ability to maintain moderate capital and earnings through capital injections and internal capital generation. We also expect high dollarization
