S&P rates Banco Regional BB-

Standard & Poor's said it assigned a BB- long-term issuer credit rating on Banco Regional SAECA.

The outlook is stable.

The ratings reflect the company's strong business position in the Paraguayan banking system, weak capital and earnings, adequate risk position, average funding and adequate liquidity, S&P said.

The BB- rating is at the same level as the bank's BB- stand-alone credit profile because Banco Regional does not receive external group or government support, the agency said.

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