Banco G&T Continental remains as one of the largest banks in Guatemala, while its solid market position and funding structure based on a stable deposit base make up the main rating strengths. On the other hand, the sovereign foreign currency rating on Guatemala constrains those on the bank. We're affirming our long-term 'BB' and short-term 'B' issuer credit ratings on the bank. The negative outlook on Banco G&TC reflects that on Guatemala. If we downgrade the sovereign in the next 12 months, we will take the same action on the bank. On Feb. 10, 2017, S&P Global Ratings affirmed its long- 'BB' and short-term 'B' issuer credit ratings on Banco G&T Continental S.A. (Banco G&TC). The stand-alone credit profile (SACP)
