Leading business position in Central America; Strong earnings generation and profitability metrics; and Core status to its Colombia-based parent, Banco de Bogotá. Despite business diversification, it operates in small-scale economies; and Moderate risk-adjusted capital ratio given the region's economic risks. The stable outlook on Panama-based bank, BAC International Bank Inc. (BIB) and its subsidiary, British Virgin Island-based Credomatic International Corp. (Credomatic), reflect that of their parent, Colombia-based universal bank Banco de Bogota S.A. y Subsidiarias (BdB; BBB-/Stable/A-3) as a result of their status as core entities. The outlook also incorporates our expectation that BIB will maintain its leading business position in the Central American credit card sector. If our assessment of its core status to BdB remains unchanged in the
