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Published on 11/7/2023 in the Prospect News Emerging Markets Daily.

Moody’s sees Costa Rica banks positively

Moody’s Investors Service said it revised its outlook for government-owned banks Banco Nacional de Costa Rica's and Banco de Costa Rica's to positive from stable and raised their ratings.

“The action follows Moody's upgrade of the government of Costa Rica's sovereign bond rating to B1 from B2 and the outlook revision to positive from stable,” the agency said in a press release.


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