On Aug. 19, 2013, we raised our long-term foreign currency rating to 'BBB+' from 'BBB' and local currency rating to 'A-' from 'BBB+' on the Republic of Peru. Following the sovereign rating action, we are raising the ratings on five banks in Peru whose stand-alone credit profile are above the sovereign ratings. The outlook on these banks is stable. MEXICO CITY (Standard&Poor's) Aug. 20, 2013--Standard&Poor's Ratings Services raised the global scale issuer credit ratings on Banco de Credito del Peru, BBVA Banco Continental, Scotiabank Peru S.A.A., Corporacion Financiera de Desarrollo S.A., and Fondo Mivivienda S.A. to 'BBB+' from 'BBB'. The short-term ratings on Banco de Credito del Peru, BBVA Banco Continental S.A., Scotiabank Peru S.A.A., and
