Banks Ratings

Legal Disclaimer

In order to strengthen the culture of risk assessment and to provide greater safety, soundness, and stability of the Banking System, the Superintendency of Banks, by means of Rule 11-2005, requires Banks to contract the services of specialized Risk Rating Agencies.

The information posted on this website is for informational purposes only. This information belongs to and was furnished by Risk Rating Agencies contracted by Banks in accordance with Rule 11-2005. The purpose for providing this information to the public through this website is to achieve the utmost transparency within Banking Operations.

The Superintendency of Banks of Panama is not responsible for errors, omissions, assessments, analysis or judgments issued by third parties based on statistical information displayed on this website.

The Superintendency of Banks of Panama reserves the right to make changes to this website without notice, in order to update, modify, add, edit or delete the contents of this website or its design.

Last but not least, it is worth mentioning that Risk Rating Agencies are not regulated by the Superintendency of Banks.

Banco Nacional de Panamá

Fitch Ratings
Year: 2011
Month: June
Long-term rating: AA+(pan)
Short-term rating: F1+(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama
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Fitch Ratings
Year: 2011
Month: June
Long-term rating: BBB
Short-term rating: F2
Outlook: Stable
Type of credit rating: International
Country:

Caja de Ahorros

Fitch Ratings
Year: 2010
Month: December
Long-term rating: AA+ (pan)
Short-term rating: F1+ (pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco General, S.A.

Standard & Poor’s
Year: 2009
Month: March
Long-term rating: BBB
Short-term rating: A-3
Outlook: Stable
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2010
Month: December
Long-term rating: BBB+
Short-term rating: F3
Outlook: Stable
Type of credit rating: International
Country:

Bancafé (Panamá), S.A.

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: AA-.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco Trasatlántico, S.A.

Fitch Ratings
Year: 2010
Month: March
Long-term rating: B-(pan)
Short-term rating: B(pan)
Outlook: Negative
Type of credit rating: Local
Country: Panama

Banco de Bogotá, S.A.

BCR Investor Services
Year: 2010
Month: December
Long-term rating: AAA(col)
Short-term rating: BCR 1+(col)
Outlook: N/A
Type of credit rating: Local
Country: Colombia

MiBanco, S.A. BMF

SCRiesgo
Year: 2010
Month: June
Long-term rating: scr B- (pan)
Short-term rating: SCR 5+ (pan)
Outlook: N/A
Type of credit rating: Local
Country: Panama

Banco Internacional de Costa Rica, S.A.

Equilibrium Calificadora
Year: 2010
Month: December
Long-term rating: AA-.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco Latinoamericano de Comercio Exterior, S.A.

Standard & Poor’s
Year: 2010
Month: December
Long-term rating: BBB
Short-term rating: A-2
Outlook: Stable
Type of credit rating: International
Country:
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Moody’s
Year: 2010
Month: December
Long-term rating: Baa2
Short-term rating: P-2
Outlook: Stable
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2010
Month: December
Long-term rating: BBB
Short-term rating: F2
Outlook: Stable
Type of credit rating: International
Country:

The Bank Of Nova Scotia

Standard & Poor’s
Year: 2011
Month: November
Long-term rating: AA-
Short-term rating: A-1+
Outlook: Stable
Type of credit rating: International
Country:
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Moody’s
Year: 2011
Month: June
Long-term rating: Aa1
Short-term rating: P-1
Outlook: Stable
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2011
Month: April
Long-term rating: AA-
Short-term rating: F1+
Outlook: Stable
Type of credit rating: International
Country:

Korea Exchange Bank, Ltd.

Moody’s
Year: 2009
Month: September
Long-term rating: A2
Short-term rating: P-1
Outlook: Stable
Type of credit rating: International
Country:

Banco Aliado, S.A.

Equilibrium Calificadora
Year: 2010
Month: December
Long-term rating: A.pa
Short-term rating: N/A
Outlook: Positive
Type of credit rating: Local
Country: Panama

Mega International Commercial Bank Co. Ltd.

Moody’s
Year: 2010
Month: November
Long-term rating: A1
Short-term rating: P-1
Outlook: Stable
Type of credit rating: International
Country:
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Standard & Poor’s
Year: 2010
Month: October
Long-term rating: A
Short-term rating: A - 1
Outlook: Stable
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2010
Month: November
Long-term rating: A-
Short-term rating: F2
Outlook: Stable
Type of credit rating: International
Country:

Towerbank International, Inc.

Fitch Ratings
Year: 2011
Month: May
Long-term rating: A(pan)
Short-term rating: F1(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama
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Equilibrium Calificadora
Year: 2011
Month: September
Long-term rating: A+.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco Panameño de la Vivienda, S.A.

Equilibrium Calificadora
Year: 2011
Month: September
Long-term rating: BB.pa
Short-term rating: B
Outlook: Stable
Type of credit rating: Local
Country: Panama

Bank Leumi-Le Israel, B.M.

Moody’s
Year: 2010
Month: December
Long-term rating: A1
Short-term rating: P-1
Outlook: Negative
Type of credit rating: International
Country:
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Standard & Poor’s
Year: 2010
Month: May
Long-term rating: BBB+
Short-term rating: A-2
Outlook: Negative
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2010
Month: June
Long-term rating: A-
Short-term rating: F2
Outlook: Stable
Type of credit rating: International
Country:

Banco Bilbao Vizcaya Argentaria (Panamá),S.A.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: AAA(pan)
Short-term rating: F1+(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

Inteligo Bank Ltd.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: BBB (pan)
Short-term rating: F3 (pan)
Outlook: Stable
Type of rating: Local
Country: Panama

Helm Bank (Panamá), S.A.

Fitch Rating
Year: 2010
Month: December
Long-term rating: AA+(col)
Short-term rating: F1+(col)
Outlook: Stable
Type of credit rating: Local
Country: Colombia

Bancolombia (Panamá), S.A.

Fitch Ratings
Year: 2011
Month: March
Long-term rating: BBB-
Short-term rating: F3
Outlook: Stable
Type of credit rating: International
Country:

Banco de Bogotá, S.A.

BCR Investor Services
Year: 2010
Month: December
Long-term rating: AAA(col)
Short-term rating: BCR 1+(col)
Outlook: N/A
Type of credit rating: Local
Country: Colombia

GNB Sudameris Bank, S.A.

Equilibrium Calificadora
Year: 2011
Month: September
Long-term rating: BB-.pa
Short-term rating: N/A
Outlook: Positive
Type of credit rating: Local
Country: Panama

Banco de la Nación Argentina

Fitch Ratings
Year: 2010
Month: December
Long-term rating: A+ (arg)
Short-term rating: A1 (arg)
Outlook: Stable
Type of credit rating: Local
Country: Argentina

GTC Bank, Inc.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: BBB- (pan)
Short-term rating: F3(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco del Pacífico (Panamá), S.A.

Humphreys
Year: 2011
Month: March
Long-term rating: AA+
Short-term rating: N/A
Outlook: Favorable
Type of credit rating: Local
Country: Ecuador

International Union Bank, S.A.

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: BBB+.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco de Occidente (Panamá), S.A.

BRC Investor Services
Year: 2010
Month: December
Long-term rating: AAA (col)
Short-term rating: BRC 1+
Outlook: N/A
Type of credit rating: Local
Country: Colombia

Popular Bank Ltd., Inc.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: BB+(pan)
Short-term rating: B(pan)
Outlook: Positive
Type of credit rating: Local
Country: Panama

ES Bank (Panamá), S.A.

Moody’s
Year: 2010
Month: December
Long-term rating: Baa1
Short-term rating: N/A
Outlook: Negative
Type of credit rating: International
Country:

Bank of China Limited

Moody’s
Year: 2010
Month: January
Long-term rating: A1
Short-term rating: P-1
Outlook: Stable
Type of credit rating: International
Country:
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Standard & Poor’s
Year: 2010
Month: May
Long-term rating: A-
Short-term rating: A-2
Outlook: Stable
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2009
Month: December
Long-term rating: A
Short-term rating: F1
Outlook: Stable
Type of credit rating: International
Country:

Banco de Crédito del Perú

Fitch Ratings
Year: 2011
Month: February
Long-term rating: BBB
Short-term rating: N/A
Outlook: N/A
Type of credit rating: International
Country:
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Standard & Poor’s
Year: 2010
Month: September
Long-term rating: BBB-
Short-term rating: A-3
Outlook: Positive
Type of credit rating: International
Country:

Atlantic Security Bank

Equilibrium Calificadora
Year: 2011
Month: March
Long-term rating: 1 class.pe shares
Short-term rating: N/A
Outlook: N/A
Type of credit rating: Local
Country: Peru
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Apoyo & Asociados
Year: 2010
Month: December
Long-term rating: 1a(pe)
Short-term rating: N/A
Outlook: N/A
Type of credit rating: Local
Country: Peru

Multibank, Inc.

Fitch Ratings
Year: 2011
Month: June
Long-term rating: A+ (pan)
Short-term rating: F1(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama
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Fitch Ratings
Year: 2010
Month: December
Long-term rating: BB
Short-term rating: B
Outlook: Stable
Type of credit rating: International
Country:
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Standard & Poor’s
Year: 2009
Month: December
Long-term rating: BB
Short-term rating: B
Outlook: Stable
Type of credit rating: International
Country:
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Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: A+.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Metrobank, S.A.

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: BBB+.pa
Short-term rating: EQL 2.pa
Outlook: Positive
Type of credit rating: Local
Country: Panama

Credicorp Bank, S.A.

Fitch Ratings
Year: 2011
Month: June
Long-term rating: A(pan)
Short-term rating: F1 (pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco Universal, S.A.

Equilibrium Calificadora
Year: 2010
Month: December
Long-term rating: BB.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Austrobank Overseas (Panamá), S.A.

Pacific Credit Ratings
Year: 2010
Month: December
Long-term rating: paBB
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

BAC International Bank Inc.

Standard & Poor’s
Year: 2010
Month: December
Long-term rating: BBB-
Short-term rating: A-3
Outlook: N/A
Type of credit rating: International
Country:

MMG Bank Corporation

Fitch Ratings
Year: 2010
Month: January
Long-term rating: A-(pan)
Short-term rating: F1(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

BAC Bank, Inc.

Standard & Poor’s
Year: 2009
Month: December
Long-term rating: BBB
Short-term rating: A-2
Outlook: Stable
Type of credit rating: International
Country:

BNP Paribas Sucursal Panamá

Standard & Poor’s
Year: 2010
Month: February
Long-term rating: AA
Short-term rating: N/A
Outlook: Negative
Type of credit rating: International
Country:
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Moody’s
Year: 2010
Month: January
Long-term rating: Aa2
Short-term rating: N/A
Outlook: Stable
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2009
Month: July
Long-term rating: AA
Short-term rating: N/A
Outlook: Negative
Type of credit rating: International
Country:

Banco Citibank (Panamá), S.A.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: AAA(pan)
Short-term rating: F1+(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

Global Bank Corporation

Equilibrium Calificadora
Year: 2010
Month: September
Long-term rating: A+.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama
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Fitch Ratings
Year: 2010
Month: June
Long-term rating: A(pan)
Short-term rating: F1(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

HSBC Bank (Panamá), S.A.

Fitch Ratings
Year: 2011
Month: June
Long-term rating: A-
Short-term rating: F1
Outlook: Stable
Type of credit rating: International
Country:

St. Georges Bank & Company, Inc.

Pacific Credit Rating
Year: 2010
Month: December
Long-term rating: paA
Short-term rating: N/A
Outlook: N/A
Type of credit rating: Local
Country: Panama

Banco Azteca (Panamá) S.A.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: BB-(pan)
Short-term rating: B(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

First Central International Bank, Inc.

Pacific Credit Ratings
Year: 2010
Month: December
Long-term rating: paBBB
Short-term rating: N/A
Outlook: N/A
Type of credit rating: Local
Country: Panama

FPB Bank, Inc.

Balboa Bank & Trust, Corp.

Equilibrium Calificadora
Year: 2011
Month: March
Long-term rating: BB-.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

TAG Bank, S.A.

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: BB.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Produbank (Panamá), S.A.

Pacific Credit Ratings
Year: 2010
Month: December
Long-term rating: paAA
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco Colpatria Multibanca Colpatria, S.A., Sucursal Panamá

Value and Risk Rating, S.A.
Year: 2011
Month: May
Long-term rating: AA+
Short-term rating: VrR 1+
Outlook: N/A
Type of credit rating: Local
Country: Colombia

Banco Santander (Panamá), S.A.

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: AA.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco Pichincha Panamá, S. A.

Pacific Credit Ratings
Year: 2010
Month: December
Long-term rating: AAA-
Short-term rating: N/A
Outlook: N/A
Type of credit rating: Local
Country: Ecuador

Banco Delta, S.A. (BMF)

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: BB.pa
Short-term rating: EQL 3+.pa
Outlook: Stable
Type of credit rating: Local
Country: Panama

Scotiabank Perú, S.A.A. Panama Branch

Apoyo & Asociados
Year: 2010
Month: December
Long-term rating: A+(pe)
Short-term rating: CP-1+(pe)
Outlook: N/A
Type of credit rating: Local
Country: Peru
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Class & Asociados
Year: 2010
Month: December
Long-term rating: A+
Short-term rating: CLA-1+
Outlook: Positive
Type of credit rating: Local
Country: Peru

BHD International Bank (Panamá), S.A.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: AA- (dom)
Short-term rating: F1+ (dom)
Outlook: Positive
Type of credit rating: Local
Country: Dominican Republic

Banesco, S.A.

Fitch Ratings
Year: 2011
Month: March
Long-term rating: BB+(pan)
Short-term rating: B(pan)
Outlook: Positive
Type of credit rating: Local
Country: Panama

Banisi, S.A.

Humphreys
Year: 2010
Month: October
Long-term rating: AAA-
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Ecuador

Capital Bank, Inc.

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: BBB.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Mercantil Bank (Panamá), S.A.

Fitch Ratings
Year: 2011
Month: March
Long-term rating: AA(ven)
Short-term rating: F-1(ven)
Outlook: N/A
Type of credit rating: Local
Country: Venezuela

Banco Panamá, S.A.

Equilibrium Calificadora
Year: 2011
Month: June
Long-term rating: BBB+.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Banco G&T Continental (Panamá), S.A. (BMF)

Fitch Ratings
Year: 2011
Month: June
Long-term rating: A-(pan)
Short-term rating: F2(pan)
Outlook: Positive
Type of credit rating: Local
Country: Panama

Banco Credit Andorra (Panamá), S. A.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: A-
Short-term rating: F2
Outlook: Stable
Type of credit rating: International
Country:

BCT Bank International, S.A.

SCRiesgo
Year: 2011
Month: March
Long-term rating: scr AA-(pan)
Short-term rating: SCR2 (pan)
Outlook: N/A
Type of credit rating: Local
Country: Panamas

Banco Bolivariano (Panamá), S.A.

Pacific Credit Ratings
Year: 2010
Month: December
Long-term rating: AAA-
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Ecuador

ANDBANC (Panamá), S.A.

Fitch Ratings
Year: 2011
Month: June
Long-term rating: A-
Short-term rating: N/A
Outlook: N/A
Type of credit rating: International
Country:

Prival Bank, S.A.

Fiscal Closure: June

Banca Privada D´Andorra, S.A.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: BB+
Short-term rating: B
Outlook: N/A
Type of credit rating: International
Country:

Banco Internacional de Perú, S.A.A. - Interbank

Standard & Poor’s
Year: 2010
Month: September
Long-term rating: BBB-
Short-term rating: BBB-/P-3
Outlook: Stable
Type of credit rating: International
Country:
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Moody’s
Year: 2010
Month: June
Long-term rating: Ba3
Short-term rating: Ba3
Outlook: Stable
Type of credit rating: International
Country:
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Fitch Ratings
Year: 2009
Month: December
Long-term rating: BBB-
Short-term rating: F3
Outlook: Stable
Type of credit rating: International
Country:

Banco La Hipotecaria, S. A.

Fitch Ratings
Year: 2010
Month: December
Long-term rating: A(pan)
Short-term rating: F1(pan)
Outlook: Stable
Type of credit rating: Local
Country: Panama

Uni Bank & Trust, Inc.

The Bank of Nova Scotia (Panamá), S.A.

Fiscal Closure: October

Banco Ficohsa (Panamá), S.A.

Banco Lafise Panamá, S.A.

Equilibrium Calificadora
Year: 2010
Month: December
Long-term rating: BB.pa
Short-term rating: N/A
Outlook: Stable
Type of credit rating: Local
Country: Panama

Corficolombiana (Panamá), S.A.

Duff&Phelps
Year: 2010
Month: November
Long-term rating: AAA (col)
Short-term rating: BRC 1+
Outlook: N/A
Type of credit rating: Local
Country: Colombia

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