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COLOMBIA: MOODY'S REVIEWS BANCO DE BOGOTA'S LOCAL CURRENCY DEPOSIT RATING, AFFIRMS FINANCIAL STRENGTH.

Publication: IPR Strategic Business Information Database
Publication Date: 11-JUN-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Moody's Investors Service placed the A2 local currency deposit rating of Banco de Bogota on review for possible downgrade in light of its global review of systemic support for bank ratings. The bank's Ba2/Not Prime foreign currency deposit ratings and Prime-2 short term local currency deposit rating are not affected by this review and have been affirmed. Moody's also affirmed Bogota's C- bank financial strength rating (BFSR) with a stable outlook. In affirming Bogota's C- BFSR, Moody's indicated that the bank's capitalization ratios are adequate to withstand anticipated...

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