Fitch Takes Rating Actions on Costa Rican Private Banks

QCOSTARICA BUSINESS – Fitch Takes Rating Actions on Costa Rican Private Banks Following Peer Review

Following its peer review of the three largest Costa Rican private banks, Fitch Ratings took rating actions on the following entities:

–Banco BAC San Jose, S.A.;

–Scotiabank de Costa Rica, S.A.;

–Banco Davivienda (Costa Rica), S.A.

Fitch has published Rating Action Commentaries (RACs) for each of these banks, which are available on www.fitchratings.com and www.fitchcentroamerica.com. These RACs include each issuer’s key rating drivers and sensitivities, as well as the list of all rating actions taken.

Source: Reuters