Edition:
United States

Banco Santander Rio SA (RIO.BA)

RIO.BA on Buenos Aires Stock Exchange

41.00ARS
2:55pm EST
Change (% chg)

$-0.40 (-0.97%)
Prev Close
$41.40
Open
$41.00
Day's High
$41.50
Day's Low
$40.50
Volume
10,977
Avg. Vol
38,449
52-wk High
$45.00
52-wk Low
$24.50

Latest Key Developments (Source: Significant Developments)

Fitch Upgrades Banco Santander Rio's LC IDR to 'B+'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, October 17 (Fitch) Fitch Ratings has upgraded Banco Santander Rio S.A.'s (Santander Rio) local currency (LC) long-term Issuer Default Rating (IDR) to 'B+' from 'B' and Support Rating to '4' from '5'. The Rating Outlook is Stable. Fitch has also affirmed the bank's Viability Rating (VR) at 'b'. A full list of rating actions follows at the end of this press release. Fitch has upgraded Santander Rio's local currency IDR and suppo