Fitch Ratings elevates CABEI to an 'AA' long-term credit rating, citing improved creditworthiness and assigning a positive outlook to the regional development bank.
Fitch Ratings has upgraded the Central American Bank for Economic Integration's (CABEI) long-term credit rating to 'AA' from 'A+', citing improved creditworthiness. This two-notch upgrade reflects a stronger institutional profile and financial stability, further supported by a positive outlook and a short-term rating of 'F1+'.
The new long-term rating is 'AA' with a positive outlook.
Fitch Ratings assigned a short-term rating of 'F1+'.
Fitch Ratings has upgraded the Central American Bank for Economic Integration (CABEI) to a long-term rating of 'AA' from 'A+', accompanied by a positive outlook. The agency also affirmed a short-term rating of 'F1+', signaling strengthened institutional credit quality and regional financial stability.
The 'AA' rating indicates a very high credit quality and a strong capacity for the bank to meet its financial commitments, representing a two-notch upgrade from the previous 'A+' status.