DCR Assigns Investment-Grade Ratings to Banco Agricola Comercial De El Salvador.

PR Newswire | December 10, 1998 | Copyright

CHICAGO, Dec. 10 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has assigned long- and short-term ratings to Banco Agricola Comercial de El Salvador's senior unsecured obligations. In local currency, Banco Agricola's long-term obligations were rated 'BBB+' (Triple-B-Plus) while its short-term obligations were rated 'D-2' (D-Two). The bank's foreign currency ratings were constrained by the sovereign ceiling of El Salvador at 'BB+' (Double-B- Plus) for its long-term and 'D-4' (D-Four) for its short-term obligations.

DCR's ratings incorporate Banco Agricola's ...

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