On Oct. 27, 2016, we revised the outlook on Guatemala to negative from stable. As a result, we're revising our outlook on three Guatemalan banks to negative from stable. We're affirming the issuer credit ratings on these banks. A downgrade of Guatemala in the next 24 months could prompt a similar rating action on these financial institutions. MEXICO CITY (S&P Global Ratings) Oct. 28, 2016--S&P Global Ratings said today that it revised its long-term global scale rating outlook on three Guatemalan banks (Banco Industrial S.A., Banco G&T Continental S.A., and Banco Agromercantil de Guatemala, S.A.) to negative from stable. At the same time, we affirmed their respective issuer credit ratings. The rating action on these entities follows our outlook revision
