NewsWhore
06-20-2012, 02:20 PM
Fitch ratings has confirmed the 'B' rating for the Dominican Reserve Bank, Banco de Reservas which reflects the support provided by its shareholder, the Dominican government.
The rating balances its ample market share, stable deposit base and adequate liquidity with weak profitability and asset quality metrics when compared with domestic and similarly rated international peers.
Fitch also commented that whilst the public sector exposure on the balance sheet was still high, thus weighing on its viability rating, it was declining.
www.reuters.com/article/2012/06/19/idUSWNA954720120619 (http://www.reuters.com/article/2012/06/19/idUSWNA954720120619)
More... (http://www.dr1.com/index.html#7)
The rating balances its ample market share, stable deposit base and adequate liquidity with weak profitability and asset quality metrics when compared with domestic and similarly rated international peers.
Fitch also commented that whilst the public sector exposure on the balance sheet was still high, thus weighing on its viability rating, it was declining.
www.reuters.com/article/2012/06/19/idUSWNA954720120619 (http://www.reuters.com/article/2012/06/19/idUSWNA954720120619)
More... (http://www.dr1.com/index.html#7)