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37
PRESENTATION
Credit Ratings
December 2011
(*)
Standard & Poor’s
(**)
FC Credit Rating
BB/Positive/B
LC Credit Rating
BB/Positive/B
National
trAA/--/trA-1
Sustainability Rating
BBB-/--/--
October 2010
(*)
Moody’s Investors’ Service
Financial Strength Rating
D+
LC Deposit Rating
Baa3/P-3
LC Outlook
Stable
FC Deposit Rating
Ba3/NP
FC Outlook
Positive
November 2011
(*)
Fitch Ratings
Long-Term FC
BB+
Short-Term FC
B
FC Outlook
Stable
Long-Term LC
BB+
Short-Term LC
B
LC Outlook
Stable
National Long-Term Rating
AA+ (tur)
National Outlook
Stable
Individual Rating
C/D
Support Rating
3
Baseline Support Rating
BB+
November 2010
(*)
Capital Intelligence
Financial Strength Rating
BBB-
Long-Term FC
B
Short-Term FC
BB
Support Rating
2
Outlook
Stable
(*)
The latest dates of changes in credit rating or outlook.
(**)
In its latest report on the Bank, dated January 31, 2012, Standard&Poor’s affirmed its previous ratings.