Press Release: Banesco : Fitch Affirms Banesco's IDR at 'CCC'; Downgrades National Rating to 'A(ven)'

NEW YORK-(BUSINESS WIRE)-Following a peer review, Fitch Ratings has affirmed Banesco Banco Universal, C.A.'s (BBU) foreign and local currency Issuer Default Ratings (IDRs) at 'CCC'. No Rating Outlook is assigned at this rating level. Fitch has also downgraded Banesco's Long-term National Rating to 'A(ven)' from 'A+(ven)' and its short-term National Rating to 'F1(ven)' from 'F1+(ven)'. ... Continue reading Fitch Affirms Banesco's IDR at 'CCC'; Downgrades National Rating to 'A(ven)' →Fitch Affirms Banesco's IDR at 'CCC'; Downgrades National Rating to 'A(ven)' was first posted on December 13, 2016 at 11:34 pm.