Davivienda’s Rating Outlook was revised to Positive given Fitch’s expectation that the banks’ financial profile and performance will continue to improve. The bank’s integration of its subsidiaries in Central America (HSBC’s former subsidiaries in...
The ratings firm Fitch reaffirmed its opinion on Medellin’s creditworthiness in a release issued today. Edited excerpts follow: According to Fitch, the rating actions are the result of the city’s relevant role in the Colombian economy; sound, albeit declining,...