Home | Business News | Browse by Publication | B | Business Wire

Fitch Upgrs Banco Itau BBA''s --Former Banco BBA Creditanstalt-- & Finaustria Lsg Debt Issue''s Natl Rtgs.

Publication: Business Wire
Publication Date: 28-MAR-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

NEW YORK & LONDON & SAO PAULO--(BUSINESS WIRE)--March 28, 2003

Fitch Ratings has upgraded Long-term national ratings for Banco Itau BBA (Itau BBA) and Finaustria Arrendamento Mercantil's (Finaustria) debenture issue to 'A+(bra)', from 'A-(bra)' and 'BBB+(bra)', respectively, withdrawing the Rating Watch Positive. The Rating Outlook for both Long-term ratings is Stable. Itau BBA's Short-term national rating of 'F1(bra)' and Support rating of '4T' were affirmed. Banco Itau's (Itau) ratings are: Short- and Long-term foreign and local currency ratings...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Allied Pilots Association Presents $660 Million in Yearly Savings to A..., March 30, 2003
Sinopec Corp. Reports Results for the Year Ended December 31, 2002 - M..., March 30, 2003
REMINDER/Video Highlights Available of Wrestlemania XIX Featuring Hoga..., March 30, 2003
Toshiba Presents DynaDirect Flat Panel Detector Technology for the Inf..., March 30, 2003
Philips Introduces New Products and Technologies, Dedicated Cardiovasc..., March 30, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.