S&P changes Vision Banco view

S&P said it affirmed its B long-term issuer credit rating on Vision Banco SAECA and revised the outlook to positive from stable.

The agency said that Vision Banco maintained its credit fundamentals amid the expansion of its core business, microfinance and consumer segment, with manageable asset quality metrics.

S&P said it revised the outlook to reflect a possible upgrade in the next 12 months if Vision enhances its capital and earnings profile through a capital injection, with a risk-adjusted capital ratio consistently above 5%, and all other credit factors remaining stable.

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