Banco Columbia S.A. -- Moody's downgrades Banco Columbia's bank financial strength and deposits ratings; outlook remains negative

Buenos Aires City, September 13, 2013 -- Moody's Latin America today downgraded the bank financial strength rating (BFSR) of Banco Columbia S.A. (Columbia) to E from E+ (plus), lowering the baseline credit assessment (BCA) to caa2 from b3. Moody's also lowered the global local-and foreign currency deposit ratings to Caa2/Not Prime, from B3/Not Prime and Caa1/Not Prime, respectively. In the Argentinean national scale, Moody's downgraded the deposit ratings to B1.ar from A3.ar and Ba1.ar respectively. Moody's also downgraded the senior unsecured multicurrency MTN debt program's local and foreign currency ratings to (P)Caa2 from (P)B3, and to B1.ar from A3.ar, and affirmed the short term Not Prime local and foreign currency global deposits ratings.

Vollständigen Artikel bei Moodys lesen