• Short Name: Fitch

• Address: One State Street Plaza

• Phone: 1-212-9080500, 1 - 212 - 800 75 Fitch

• Fax: 1-212-4804435

• City: New York

• State: New York

• Zip Code: 10004

• Country: United States

• Website: http://www.fitchratings.com

• General Email: usaclientservices@fitchratings.com

• Contact: John Olertjohn.olert@fitchratings.com1-212-9080663

• Contact for LatAm headquarters: United States

• Regional Presence: Central America, Chile, Argentina, Peru, Ecuador, Brazil, Mexico, Colombia, Venezuela, Costa Rica, Uruguay, Dominican R., El Salvador, United States

Description:

One of the big three international rating agencies, with a presence in 75 countries and 40 offices worldwide. Fitch rates 1,600 financial institutions, 1,000 corporates and maintains surveillance on 3,300 structured financings and 17,000 municipal bond ratings in the US tax-exempt market. It also rates over 700 insurance companies plus 69 sovereigns. With a combined analytic, professional, and support staff of 1,100, Fitch covers the financial institutions, banks, corporates, loan products, structured finance, insurance, sovereigns and public finance markets worldwide. Fitch has dual headquarters in New York and London and is fully owned by FIMALAC, Paris.

Last Update: Monday, September 22, 2008

Research by: María José Arredondo

Related News & Research:

Related News

• Fitch: Water utilities ready for business expansion Water 05/Jan/09 - Brazil
• State to take control of TGN for 120 days Oil 29/Dec/08 - Argentina
• Fitch downgrades Transtel Intermedia ratings to D Telecom 24/Dec/08 - Colombia
• Fitch rates Ternium local branch A, stable outlook Met 23/Dec/08 - Mexico
• Fitch downgrades Banco Macro Bank 18/Dec/08 - Argentina
• Fitch downgrades country's local currency rating to B- Ins 18/Dec/08 - Argentina
• Fitch assigns 1st time rating to Reaseguradora Santo Domingo Ins 18/Dec/08 - Dominican R.
• Analyst: Nation better prepared than before to confront low oil prices Oil 16/Dec/08 - Venezuela
• Fitch affirms Cabei's ratings Bank 11/Dec/08 - Central America
• Fitch cuts rating outlook on Banco Industrial Bank 05/Dec/08 - Guatemala

Related News & Research

Related News

• Fitch: Water utilities ready for business expansion Water 05/Jan/09 - Brazil
• State to take control of TGN for 120 days Oil 29/Dec/08 - Argentina
• Fitch downgrades Transtel Intermedia ratings to D Telecom 24/Dec/08 - Colombia
• Fitch rates Ternium local branch A, stable outlook Met 23/Dec/08 - Mexico
• Fitch downgrades Banco Macro Bank 18/Dec/08 - Argentina
• Fitch downgrades country's local currency rating to B- Ins 18/Dec/08 - Argentina
• Fitch assigns 1st time rating to Reaseguradora Santo Domingo Ins 18/Dec/08 - Dominican R.
• Analyst: Nation better prepared than before to confront low oil prices Oil 16/Dec/08 - Venezuela
• Fitch affirms Cabei's ratings Bank 11/Dec/08 - Central America
• Fitch cuts rating outlook on Banco Industrial Bank 05/Dec/08 - Guatemala
• Fitch downgrades outlook for ElectroAndina to stable Elec 04/Dec/08 - Chile
• Fitch removes AIG units from rating watch evolving Ins 03/Dec/08 - Chile, El Salvador
• Fitch assigns rating to Banco Meridian Bank 27/Nov/08 - Argentina
• Fitch withdraws ratings on Genworth unit Ins 21/Nov/08 - Mexico
• Fitch confirms Telmex ratings at A- Telecom 20/Nov/08 - Mexico
• Fitch downgrades Clarendon Alumina to B- with negative outlook Met 19/Nov/08 - Jamaica
• Fitch downgrades Inelectra on PDVSA sale Elec 18/Nov/08 - Regional, Venezuela
• Fitch affirms A rating, stable outlook for Codelco MIN 18/Nov/08 - Chile
• Fitch ups BCP outlook Bank 14/Nov/08 - Peru
• Fitch confirms AT&T rating at A, Centennial placed on rating watch positive Telecom 12/Nov/08 - Puerto Rico
• Fitch affirms Ecopetrol IDRs Oil 11/Nov/08 - Colombia
• Fitch: AFJP nationalization threatens bond market Ins 07/Nov/08 - Argentina
• Fitch confirms Tenaris' A- rating, stable outlook Met 03/Nov/08 - Argentina
• Fitch affirms Pichincha, Produbanco Bank 30/Oct/08 - Ecuador
• Chávez could call for new output cuts Oil 29/Oct/08 - Venezuela
• Fitch changes Mercantil, Provincial outlooks to stable Bank 28/Oct/08 - Venezuela
• Santander aims to close sale of local unit in November Bank 28/Oct/08 - Venezuela
• Roundup: Centennial, Indotel, Comcast, Axtel Telecom 27/Oct/08 - Regional
• Fitch upgrades Copel ratings, outlook stable Elec 23/Oct/08 - Brazil
• Fitch: Midsize banks wisely sacrifice earnings for liquidity Bank 14/Oct/08 - Brazil
• Fitch affirms rating on reinsurer Provincial Ins 10/Oct/08 - Venezuela
• Fitch affirms ratings on BICE Bank 09/Oct/08 - Argentina
• S&P, Fitch cut midsize banks' outlook to stable from positive Bank 08/Oct/08 - Brazil
• Fitch: Gissa's Cinsa branch sale does not impact rating Met 08/Oct/08 - Mexico
• Fitch rates YPF US$150mn proposed debt issue BB+ Oil 08/Oct/08 - Argentina
• Fitch: Private sector lending, product cross-selling keys to banking strength Bank 06/Oct/08 - Uruguay
• Fitch confirms SQM bonds' AA- rating, stable outlook MIN 06/Oct/08 - Chile
• Fitch revises Hovensa outlook to negative Oil 03/Oct/08 - Virgin Islands
• Fitch affirms rating on CNP unit Ins 03/Oct/08 - Argentina
• Ratings Roundup: Hipotecario, Comafi, Columbia Bank 03/Oct/08 - Argentina
• Ratings roundup: Banamex, HSBC México, American Express Bank Bank 02/Oct/08 - Mexico
• Fitch to buy majority stake in DCR Bank 01/Oct/08 - Colombia
• Fitch: EPM to increase leverage to fund expansion Elec 30/Sep/08 - Colombia
• Fitch raises Sabesp rating to positive, ninth bond issue to A+ Water 24/Sep/08 - Brazil
• Fitch: Premiums to keep up growth, industry to see consolidation Ins 23/Sep/08 - Brazil
• Energy conference: Latin America must be creative, attract investment Oil 29/Aug/08 - Bolivia, Regional
• Moody's sells back 40% stake in Humphreys to local owners Bank 27/Aug/08 - Chile
• Fitch affirms ratings, stable outlook for AngloGold MIN 25/Aug/08 - Argentina
• Fitch cuts Metrofinanciera individual rating Bank 20/Aug/08 - Mexico
• Fitch revises Itabo outlook to stable on working capital needs Elec 19/Aug/08 - Dominican R.
• Fitch awaits details on proposed Centennial split Telecom 04/Aug/08 - Puerto Rico
• Fitch upgrades Fibra after capital increase Bank 30/Jul/08 - Brazil
• Moody's downgrades Petrozuata to B3 Oil 24/Jul/08 - Venezuela
• Study: Pension funds perform below targets in H1 Ins 24/Jul/08 - Brazil
• Banco Daycoval issues US$100mn in eurobonds Bank 14/Jul/08 - Brazil
• Fitch improves Hidroeléctrica Boliviana outlook to positive Elec 10/Jul/08 - Bolivia
• Alcoa's 2Q08 net income falls on high input costs Met 09/Jul/08 - Brazil
• Fitch withdraws ratings on MBIA unit Ins 27/Jun/08 - Mexico
• Fitch downgrades AES unit on political, regulatory exposure Elec 27/Jun/08 - El Salvador
• AEE bond sale raises US$700mn for capital improvements Elec 18/Jun/08 - Puerto Rico
• Feller gives Molymet bonds A+ rating Met 17/Jun/08 - Chile
• Fitch gives Molymet bonds A+ local currency rating Met 12/Jun/08 - Chile
• Fitch assigns AEE bonds A- rating, Moody's A3 Elec 10/Jun/08 - Puerto Rico
• JP Morgan starts to cover CCR, OHL Infra 06/Jun/08 - Brazil
• Fitch upgrades Petrobras ratings following sovereign upgrade Oil 04/Jun/08 - Brazil
• Fitch: Digicel posts US$417mn in Ebitda in 2007 Telecom 04/Jun/08 - Caribbean, Central America
• Fitch upgrades Bradesco insurance unit Ins 03/Jun/08 - Brazil
• Fitch upgrades banks following investment grade Bank 03/Jun/08 - Brazil
• Infrastructure to receive US$52bn this year, more needed for 2009 Infra 02/Jun/08 - Brazil
• Apoyo & Asociados raises El Brocal rating to 1a MIN 30/May/08 - Peru
• BNDES to sell US$921mn in debt in July Bank 30/May/08 - Brazil
• Fitch: Nossa Caixa takeover won't affect BB ratings Bank 27/May/08 - Brazil
• Regulator authorizes 2 new foreign reinsurers Ins 20/May/08 - Mexico
• Fitch reaffirms Grupo Clarín ordinary shares at category 2 Telecom 12/May/08 - Argentina
• Fitch confirms UBF ratings but assigns negative outlook Ins 09/May/08 - Brazil
• Gerdau to issue US$1bn in bonds, Fitch rates BBB- Met 08/May/08 - Brazil
• Madeco profits crash 67.8% to US$4.90mn in Q1 Met 05/May/08 - Chile
• Unibanco makes US$200mn issue abroad Bank 02/May/08 - Brazil
• S&P upgrades banks on reaching investment grade Bank 02/May/08 - Brazil
• Fitch downgrades Colbún bonds Elec 25/Apr/08 - Chile
• Fitch confirms Samarco ratings Met 21/Apr/08 - Brazil
• Fitch upgrades Nuevo Banco Comercial Bank 16/Apr/08 - Uruguay
• FEATURE: Is microinsurance the Great Leap Forward? Ins 10/Apr/08 - Brazil
• Energy reform proposal would allow private participation, incentives Oil 09/Apr/08 - Mexico
• Fitch: Banks stack up well despite warning signs Bank 08/Apr/08 - Brazil
• XL Re sees market adapting quickly to deregulation Ins 08/Apr/08 - Brazil
• Ratings roundup Bank 08/Apr/08 - Brazil
• Mibanco planning 30% customer growth this year Bank 07/Apr/08 - Peru
• Fitch upgrades Telefónica's foreign currency IDR Telecom 04/Apr/08 - Peru
• Fitch: Local steel companies well positioned for iron ore price hike Met 13/Mar/08 - Brazil
• Fitch affirms Itaú unit ratings Bank 07/Mar/08 - Brazil
• Chávez calls for new windfall tax for oil industry Oil 18/Feb/08 - Venezuela
• Fitch: Asset freeze could hurt PDVSA partner refineries Oil 15/Feb/08 - Venezuela
• Courts freeze US$12bn in PDVSA assets, govt cries foul Oil 08/Feb/08 - Venezuela
• Munich Re thinks reinsurance premiums could double Ins 07/Feb/08 - Brazil
• Teco to bid on 200MW supply tender Elec 05/Feb/08 - Guatemala
• ANH launches Colombian round Oil 05/Feb/08 - Colombia
• Analyst: PDVSA especially vulnerable to low oil prices Oil 31/Jan/08 - Venezuela
• Fitch rates Pampa Calichera shares at level 3, 4 MIN 29/Jan/08 - Chile
• Fitch rates Itaú US$100mn bond issue Bank 24/Jan/08 - Brazil
• Ratings roundup Bank 21/Jan/08 - Brazil
• Fitch affirms Usiminas ratings Met 15/Jan/08 - Brazil
• Fitch upgrades CTBC to stable from negative Telecom 15/Jan/08 - Brazil
• Fitch affirms CSN ratings, stable outlook Met 14/Jan/08 - Brazil
• Petrobras concludes US$750mn global bond sale Oil 14/Jan/08 - Brazil
• Fitch: Outlook stable for mining ratings in 2008 MIN 10/Jan/08 - Brazil
• Budget cuts could reduce agri premium subsidies by half Ins 09/Jan/08 - Brazil
• Fitch: Conservative reinsurance rules won't stop foreign cos Ins 08/Jan/08 - Brazil
• Fitch expects further consolidation in steel industry Met 03/Jan/08 - Regional
• Paper: Transatlantic, XL could sign up as local reinsurers Ins 02/Jan/08 - Brazil
• FEATURE: LatAm banks to see soft landing in 2008 Bank 02/Jan/08 - Regional
• Fitch affirms GTD Manquehue's BBB- rating Telecom 28/Dec/07 - Chile
• Fitch places AES unit on watch over rates regime Elec 26/Dec/07 - El Salvador
• AAA seeking bonds rating, planning US$1.2bn issuance Water 21/Dec/07 - Puerto Rico
• Fitch affirms Usiminas BBB- rating Met 19/Dec/07 - Brazil
• Fitch downgrades Citgo on US$1bn PDVSA loan Oil 19/Dec/07 - Venezuela
• Insurance council approves reinsurance rules Ins 18/Dec/07 - Brazil
• Fitch affirms ArcelorMittal BBB rating, ups outlook Met 14/Dec/07 - Regional
• Fitch assigns CNFL AAA(cri) rating Elec 14/Dec/07 - Costa Rica
• Scotiabank secures option to buy Banco del Trabajo Bank 23/Nov/07 - Peru
• Guaracachi finalizes Santa Cruz project financing Elec 22/Nov/07 - Bolivia
• Fitch: Gerdau on negative watch due to US acquisition Met 20/Nov/07 - Brazil
• Fitch affirms TAR's AA- rating, stable outlook Telecom 08/Nov/07 - Argentina
• Fitch assigns rating to HSBC unit Bank 08/Nov/07 - Panama
• Fitch affirms Codelco ratings, outlook MIN 06/Nov/07 - Chile
• Gerdau issues US$1bn in bonds Met 18/Oct/07 - Brazil
• BNDES: Housing loans to reach 8% of GDP by end-2008 Bank 11/Oct/07 - Brazil

Related Research Reports

• Fitch Rates Puerto Rico Fixed Income Fund V, Inc. Notes 'A+'
• Fitch Rates SunGard Data Systems Proposed Senior Notes 'B/RR5' & Term Loan 'BB+/RR1'
• Fitch Affirms CIGNA's Ratings
• Fitch Report: External Weaknesses Constrain Colombia's Sovereign Ratings
• Fitch - Colombia: Export Diversification, Free Trade Agreements & Creditworthiness
• Fitch Affirms 2 Latin American Structured Fin Transactions
• Fitch Affirms Telecom Italia at 'BBB+'; Outlook Stable
• Fitch Affirms Principal Financial Group's Ratings
• Fitch Publishes New Criteria for Rating Consumer ABS in Latin America
• Fitch to Rate IIRSA Sur Tramo V 'BBB-'; Affirms other Peru CRPAO Deals
• Fitch Withdraws Ratings on Autopista del Maipo
• Fitch Withdraws Ratings on Talca Chillan
• Fitch Ratifica Calificaciones de Riesgo Nacionales a Banco Capital
• Fitch Ratifica Calificaciones de Riesgo Nacionales a Banco Promérica
• Fitch Reviewing Ratings on Tender Option Bonds with Lehman Liquidity and Credit Enhancement
• Fitch Revises Rating Watch on AIG to Evolving (Re-issued)
• Fitch Affirms Holcim at 'BBB+'/'F2'; Outlook Stable
• Fitch Discusses AIG Rating Watch Revision in Light of Federal Reserve Actions
• Fitch Places Lehman Brothers Financial Products 'AAA' Ratings on Watch Negative
• Fitch Affirms Lehman Brothers Derivative Products Inc. 'AAA' Ratings
• Fitch Affirms AES Gener's IDRs at 'BBB-'; Outlook Stable
• Fitch Affirms Tech Data's IDR at 'BB+'; Outlook Stable
• Fitch Affirms Zurich Insurance Company's IFS at 'A+'; Long-Term IDR at 'A'

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