Fitch Ratings has announced that is has withdrawn all of the ratings that it has issued for Banco GNB Sudameris S.A. The Issuer Default Ratings (IDRs) and senior debt ratings have been withdrawn because Banco GNB Sudameris has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for Banco GNB Sudameris.
The following ratings have been withdrawn:
–Long-term foreign currency IDR at ‘BB+’;
–Short-term foreign currency at IDR ‘B’;
–Long-term local currency IDR at ‘BB+’;
–Short-term local currency IDR at ‘B’;
–Viability rating at ‘bb+’;
–Support Rating at ‘4’;
–Support Floor at ‘B+’;
–Senior unsecured notes at ‘BB+’;
–Subordinated notes at ‘BB’;
–National scale long-term rating at ‘AA+(col)’;
–National scale short-term rating at ‘F1+(col)’.