Fitch confirms Bank of Tokio ratings

International credit risk agency Fitch Ratings has confirmed Bank of Tokyo Mitsubishi's long-term deposits for over a year at AA- and time deposits lasting less than one year at N-1, the agency said in a statement. The outlook is stable. The measure reflects the small-scale operations of the bank in Chile, its low risk and its parent company rating at a long-term international rating at A-. The branch is focused on working capital and foreign trade lending with Japan, even though its activity is minimum, where its main source of income are the interests and readjustments. Despite the low portfolio stock and low net interest margins, these do not cover completely the support expenses. To read the full Fitch report, in Spanish, place the following link into your browser: http://www.bnamericas.com/rc_search_detail.xsql?Tx_idioma=E&id_documento=65966