Solid business stability as the third-largest public bank in Mexico and among the 10 overall largest banks in the country Asset-quality metrics slightly better than the industry average, despite the concentration by economic sector and client Almost certain likelihood that the Mexican government will provide timely and sufficient capital and liquidity support in the event of financial distress Ongoing government support, which translates to financial flexibility and manageable short-term obligations Loan portfolio that is concentrated in the commercial and corporate segment Lack of retail deposits, although guarantees by the federal government allow it to access varied funding sources Higher government fees, which could put pressure on the current capitalization levels if they are not capitalized back to the bank S&P
