United States

Banco Pine SA (PINE4.SA)

PINE4.SA on Sao Paolo Stock Exchange

11:04am EST
Change (% chg)

R$ -0.03 (-0.69%)
Prev Close
R$ 4.35
R$ 4.39
Day's High
R$ 4.40
Day's Low
R$ 4.32
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52-wk High
R$ 4.50
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R$ 3.37

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Wed, Jul 6 2016

Fitch Affirms Banco Pine S.A. at 'BB-'; Outlook Negative

(The following statement was released by the rating agency) NEW YORK, July 06 (Fitch) Fitch Ratings has affirmed the Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of Banco Pine S.A. (Pine) at 'BB-'/Outlook Negative. Fitch also affirmed the bank's other ratings. A complete list of rating actions is included at the end of this release. KEY RATING DRIVERS The affirmation of Pine's ratings reflects Fitch's view that management has taken the appropriate measures to strengthe

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