Lead player in consumer lending and the largest financial institution in Central America. Highly diversified by geography, economic sector, and client, allowing us to rate the bank above the sovereign rating on Costa Rica (B+/Negative/B), to which it is highly exposed. Solid and stable asset quality metrics. Recent economic struggles and political volatility in the region could represent a challenge for the bank's profitability and asset quality metrics. The moderate risk-adjusted capital (RAC) ratio reflects the region's economic risks. The stable outlook on BAC International Bank Inc. (BIB) and its subsidiary Credomatic International Corp. (CIC) continue to reflect that on the parent Banco de Bogotá (BdeB; BB+/Stable/B). The outlook also reflects our expectation that BIB will maintain its strong presence
