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Banco Santander Rio SA (RIO.BA)

RIO.BA on Buenos Aires Stock Exchange

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Tue, Oct 17 2017

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

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