Moody's affirms Banco Industrial's Ba2 credit rating

São Paulo, April 29, 2014: The international rating agency Moody's has published an updated report on Banco Industrial do Brasil based on the year-end 2013 financial results. The agency reassigns a standalone baseline credit assessment (BCA) of Ba2, with a stable outlook.

According the report, the rating "is supported by the bank's welldefined focus on small- and middle-market (SME) lending. The bank's financial strength also benefits from BIB's disciplined operation and management's conservative lending policy, both of which lead to good asset quality."

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Atualizado em 2014-09-04T16:03:13
All the dates of this page are presented in official timezone of Brasilia - Brazil.

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