Fitch Publishes Review of Peruvian State-Owned Financial Institutions

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published a new report, 'Peer Review: Peruvian State Banks' following a peer review of the international scale ratings of four state-owned financial institutions in Peru. The report is available on Fitch's website at 'www.fitchratings.com' or by clicking on the link.

The report highlights the propensity and capacity of the state to support the state banks, should it be necessary. Although these institutions do not benefit from an explicit state guarantee, Fitch considers the possibility of sovereign support to be strong given the government's ownership, and the key roles played by these institutions in financing government operations, filling gaps in private sector services, and carrying out the government's economic development strategy in agriculture, housing and infrastructure. The government's ability to provide such support is reflected in its Sovereign rating of 'BBB+/A-'.

Additional information is available on www.fitchratings.com

Related Research:

'Peru: Full Rating Report' (October 9, 2015);

'Banco Agropecuario' (November 12, 2015);

'Banco de la Nacion' (November 12, 2015);

'Corporacion Financiera de Desarrollo S.A.' (October 16, 2015);

'Fondo Mivivienda S.A.' (October 14, 2015)

Peruvian State Banks

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=876060

Related Research

Banco Agropecuario

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=872487

Banco de la Nacion

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=873325

Corporacion Financiera de Desarrollo

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=872563

Fondo Mivivenda

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=872311

Peru

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=872060

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160111006176/en/

Fitch Ratings
Mark Narron
Director
+1 212-612-7898
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Andres Marquez
Director
+571 307-5180 ext. 1220
or
Sergio Pena
Associate Director
+571 307-5180 ext. 1160
or
Media Relations:
Elizabeth Fogerty, +1 212-908-0526
[email protected]

Source: Fitch Ratings

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