TORONTO (Standard&Poor's) Dec. 16, 2010--Standard&Poor's Ratings Services today said it raised its long-term counterparty credit rating on Home Capital Group Inc. (Home Capital; TSX: HCG) to 'BBB' from 'BBB-', and its counterparty credit rating on Home Trust Co. to 'BBB+' from 'BBB'. The outlook is stable. "The upgrade reflects our view of the company's quality and the positive trajectory of net earnings, the overall risk profile and performance of the investment and loan portfolio, the very solid capital base, and the very steady hand of management," said Standard&Poor's credit analyst Donald Chu. The ratings on Home Capital and Home Trust also reflect what we consider to be the company's strong and defendable position in
