Posted On: 12/04/2012 5:50:03 PM
Post# of 28540
Dec 4 - Fitch Ratings has downgraded and removed from Rating Watch Negative
Banco Davivienda (Costa Rica), S.A., Banco Davivienda Salvadoreno, S.A., and
Inversiones Financieras Davivienda, S.A.. The Rating Outlooks are Stable. A
complete list of rating actions follows at the end of this press release.
The rating actions follow the completion of the Colombian Banco Davivienda,
S.A.'s (Davivienda) acquisition of HSBC's operations in Costa Rica, El Salvador,
and Honduras. The acquisition agreement
Banco Davivienda (Costa Rica), S.A., Banco Davivienda Salvadoreno, S.A., and
Inversiones Financieras Davivienda, S.A.. The Rating Outlooks are Stable. A
complete list of rating actions follows at the end of this press release.
The rating actions follow the completion of the Colombian Banco Davivienda,
S.A.'s (Davivienda) acquisition of HSBC's operations in Costa Rica, El Salvador,
and Honduras. The acquisition agreement


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