Fitch Downgrades and Withdraws BankGuam Holding Company & Bank of Guam's Long-Term 'BBB-' IDRs
Business Wire - Fri Feb 06, 4:30PM CST
Fitch Ratings has downgraded and withdrawn the 'BBB-' ratings for BankGuam Holding Company (BGHC) and Bank of Guam. The rating Outlook was revised to Stable from Negative. The downgrades reflect lower capital ratios year over year, continued strong out of market loan growth year over year and continued weak earnings. The ratings are being withdrawn for commercial reasons. A full list of ratings follows at the end of this release.
Fitch to Withdraw Ratings on BankGuam Holding Company and Bank of Guam
Business Wire - Wed Dec 03, 2:51PM CST
Fitch Ratings plans to withdraw the ratings on BankGuam Holding Company (BGHC) and Bank of Guam on or about Jan. 5, 2015, for business reasons. Fitch currently rates BGHC and Bank of Guam as follows: