Business stability as one of the largest banks in the country; Stable funding base, relying on customer deposits, which represent 71% of its total funding base; and Strong asset quality and reserve coverage, with the lowest non-performing ratios in Guatemala's banking sector. High level of dollarization in its loan portfolio; 43.6% as of September 2017; and Stalled credit growth due to political deadlock and ongoing political corruption scandals. The stable outlook over the next 12 months reflects that on the sovereign. It also reflects our belief that the entity will maintain its financial and operating performance, according to our base-case expectations. We could lower the ratings on BI within the next year if we were to take a similar action
