Fitch Takes Rating Actions on Colombian State Banks Following Peer Review

NEW YORK--(BUSINESS WIRE)-- Following its peer review of Colombia's state banks, Fitch Ratings has taken rating actions on the following entities:

--Banco Agrario de Colombia S.A.

--Banco de Comercio Exterior de Colombia S.A.

--Financiera de Desarrollo Nacional S.A.

--Financiera de Desarrollo Territorial S.A.

Fitch has published press releases for each of these banks which are available on 'www.fitchratings.com.' These RACs include each issuer's key rating drivers and sensitivities as well as the list of all rating actions taken.

Additional information is available on www.fitchratings.com

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151127005415/en/

Fitch Ratings
Mark Narron (Primary Analyst, Banco Agrario de Colombia, Banco de Comercio Exterior de Colombia, Financiera de Desarrollo Nacional and Financiera de Desarrollo Territorial)
Director
+1-212-612-7898
Fitch Ratings, Inc.
33 Whitehall St.
New York, NY 10004
or
Marcela Galicia (Secondary Analyst, Banco Agrario de Colombia)
Director
+503 2516-6611
or
Sergio Pena (Secondary Analyst, Banco de Comercio Exterior de Colombia, Financiera de Desarrollo Nacional, Financiera de Desarrollo Territorial)
Associate Director
+57-1-326-9999 Ext 1160
or
Committee Chairperson
Alejandro Garcia
Senior Director
+52 81 8399 9100
or
Media Relations:
Sandro Scenga, New York, +1 212-908-0278
[email protected]

Source: Fitch Ratings

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