Fitch affirms Inbursa ratings
Bnamericas Published: Thursday, June 02, 2005
Fitch has affirmed its ratings for Mexican bank Banco Inbursa based on its good operating performance and high asset quality, the ratings agency said in a statement. The ratings affirmed are: long-term and short-term foreign currency ratings BBB-/F3; long-term and short-term domestic currency ratings BBB/F2; C individual rating; and 4 support rating. At the same time Fitch affirmed its counter party long-term and short-term national scale ratings of AA+/F1+. Banco Inbursa is Mexico's seventh largest bank and forms part of local financial group Grupo Financiero Inbursa, a Carlos Slim company. To read the full Fitch report, in Spanish, type the following link into your browser: http://www.bnamericas.com/rc_search_detail.xsql?id_documento=68096&Tx_idioma=E
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