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EUR 168.66 For Business Accounts Only

Moody's affirms Banco Mercantil Santa Cruz's ratings and Banco PYME Los Andes Procedit following announced acquisition agreement

Buenos Aires City, November 04, 2016-- Moody's Latin America Agente de Calificación de Riesgo has today affirmed all ratings and assessments assigned to Banco Mercantil Santa Cruz S.A., including the bank's global local and foreign currency deposit ratings of Ba3 and B1, as well as its Bolivian national scale local and foreign currency deposit ratings of Aaa.bo and Aa3.bo. The ba3 baseline credit assessment and all short term ratings were also affirmed. The outlook on the...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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