Fitch Affirms Ratings on Salvadoran Largest Banks Following Peer Review

April 17, 2015 9:28 PM

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(The following statement was released by the rating agency) SAN SALVADOR, April 17 (Fitch) Following its peer review of the largest Salvadoran's banks, Fitch Ratings has affirmed the ratings for the following financial institutions: --Banco Agricola, S.A.; --Inversiones Financieras Banco Agricola, S.A.; --Banco Davivienda Salvadoreno, S.A.; --Inversiones Financiera Davivienda, S.A.; --Banco Citibank de El Salvador, S.A.; --Scotiabank El Salvador, S.A.; --Inversiones Financieras Scotiabank El Salvador, S.A.; --Banco de America Central, S.A.; --Inversiones Financieras Banco de America Central, S.A.

Fitch has published Rating Action Commentaries (RACs) for each of these banks, which are available on and These RACs include each issuer's key rating drivers and sensitivities, as well as the list of all rating actions taken. Fitch expects external su...

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