Banco ADOPEM retained its national long-term rating of A+ (dom) with positive outlook and the national short-term rating of F1 (dom) from Fitch Ratings, an international credit ratings agency.<\/p>\n
The international agency identified the key reasons for Banco ADOPEM retaining its rating as its profitability, credit portfolio, robust capitalization, limited revenue diversification, diversified funding sources and strong liquidity.<\/p>\n
\u201cThe bank has successfully maintained NPLs below the average for regional peers despite the challenging economic climate and, given the nature of its business, high risk debtor profile,” stated the Fitch Ratings report. It also pointed out that as of March 2015 Banco ADOPEM was the credit and savings bank with the largest credit portfolio, representing 26.5%.<\/p>\n
The bank’s capitalization levels were deemed robust, offering appropriate growth potential and fortified via earnings generation, which has seen the bank drive up its reserves.<\/p>\n
The regulatory capital indicator stood at 16.8%, considered adequate by Fitch Ratings and similar to the average for the financial system and other microfinance banks.<\/p>\n
Furthermore, the Banco ADOPEM management team has significant expertise and experience in the microfinance industry, and represent a stable and long-term presence at the bank.<\/p>\n","protected":false},"excerpt":{"rendered":"
Banco ADOPEM retained its national long-term rating of A+ (dom) with positive outlook and the national short-term rating of F1 (dom) from Fitch Ratings, an international credit ratings agency.<\/p>\n","protected":false},"author":13,"featured_media":8192,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[726,766,1451],"tags":[435,436,1107,1108,437,1109,338],"class_list":["post-4910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acknowledgements","category-awards","category-reconocimientos-en","tag-a-dom","tag-calificacion-de-credito","tag-calificacion-de-credito-en","tag-credit-rating","tag-f1-dom","tag-f1-dom-en","tag-fitch-ratings"],"acf":[],"yoast_head":"\n