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Fitch Affirms Caja Badajoz's Ratings.
Business Wire
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May 22, 2003
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COPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Business Editors
LONDON & BARCELONA, Spain--(BUSINESS WIRE)--May 22, 2003
Fitch Ratings, the international rating agency, has affirmed the ratings of Monte de Piedad y Caja General de Ahorros de Badajoz (Caja Badajoz) at Long-term 'A-' ('A minus'), Short-term 'F2', Individual 'B' and Support '4'. The Rating Outlook remains Stable.
Caja Badajoz's ratings reflect a sound franchise in its region, good profitability, excellent capital adequacy and good asset quality. They also take into account its small size and some regional concentration and the ...
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