GENTERA INFORMS THAT BANCO COMPARTAMOS WAS AFFIRMED IN ITS INVESTMENT GRADE B
29 Mayo 2018 - 5:25PM
BMV General Information
MEXICO CITY, MAY 29TH, 2018 - GENTERA S.A.B. DE C.V. (BMV:
GENTERA*) INFORMS THAT BANCO COMPARTAMOS S.A. I.B.M., GENTERA'S
MAIN SUBSIDIARY, WAS AFFIRMED IN ITS NATIONAL SCALERATING AND ON
ITS GLOBAL SCALE BY S&P, MAINTAINING THE 'NEGATIVE'
OUTLOOK.S&P GLOBAL RATINGS TOOK THE FOLLOWING ACTIONS:-
AFFIRMED THE GLOBAL SCALE 'BBB/A-2' RATING TO BANCO COMPARTAMOS,
MAINTAINING THE 'NEGATIVE' OUTLOOK. - AFFIRMED THE NATIONAL SCALE
'MXAAA/MXA-1+' RATING. - AFFIRMED THE NATIONAL SCALE 'MXAAA'
ISSUE-LEVEL RATING ON BANCO COMPARTAMOS' SENIOR UNSECURED
DEBT.S&P GLOBAL RATINGS ISSUED A PRESS RELEASE TODAY, WHICH
STATED THE FOLLOWING:"....THE RATINGS ON COMPARTAMOS REFLECT ITS
LEADING POSITION IN MEXICO'S MICROFINANCE SECTOR, DIVERSE CUSTOMER
BASE, AND THE WIDE GEOGRAPHICAL FOOTPRINT. THESE FACTORS PROVIDE
THE BANK RESILIENCE TO ECONOMICDOWNTURNS. WE ALSO VIEW COMPARTAMOS'
CAPITALIZATION LEVELS AS CREDIT STRENGTH WITH A RAC RATIO OF ABOUT
16.4% FOR THE NEXT 24 MONTHS...."