BAC International Bank (BIB) remains Central America's largest bank in terms of loans and deposits on a consolidated basis, which supports its sound business stability despite economic challenges in the region. We´re affirming our 'BBB-' long-term and 'A-3' short-term global issuer credit ratings on BIB and its core subsidiary Credomatic International Corp. (CIC). The stand-alone credit profile (SACP) on BIB remains 'bbb-', supported by its stable asset quality metrics and our projected risk-adjusted capital (RAC) of 6.3% over the next 12-24 months. The negative outlook reflects that on parent Banco de Bogota (BdeB) given the core status of both entities. Our ratings on both entities will move in tandem. On June 26, 2017, S&P Global Ratings affirmed its 'BBB-' long-term
