October 11, 2013
S&P has assigned a BBB credit rating to Banco Compartamos, it says, the ban
S&P has assigned a BBB credit rating to Banco Compartamos, it says, the bank’s first international scale rating. The Mexican microlender has an “adequate” business position and “very strong” capital and earnings. Compartamos’ varied business activities within micro-lending are segmented among four products to provide moderate diversification. The outlook is stable. Compartamos has yet to issue internationally, according to Dealogic data.