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BBVA Banco Frances SA (FRA.BA)

FRA.BA on Buenos Aires Stock Exchange

162.50ARS
3:41pm GMT
Change (% chg)

$1.85 (+1.15%)
Prev Close
$160.65
Open
$162.00
Day's High
$164.00
Day's Low
$160.70
Volume
102,529
Avg. Vol
130,159
52-wk High
$174.95
52-wk Low
$87.00

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Tue, Oct 17 2017

Fitch Upgrades BBVA Banco Frances's Local Currency IDR to 'B+'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, October 17 (Fitch) Fitch Ratings has upgraded BBVA Banco Frances, S.A.'s (BBVA Frances) Local Currency Long-term Issuer Default Rating (IDR) to 'B+' from 'B' and its Support Rating to '4' from '5'. The Rating Outlook is Stable. Fitch has also affirmed the bank's standalone Viability Rating (VR) at 'b'. The upgrades are based on Fitch's opinion that BBVA Frances' shareholder support has improved. KEY RATING DRIVERS IDRS AND SUP

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