Friday, April 29, 2016

Fitch Rates Uruguay's Provincia Casa Financiera 'B'; Outlook Stable

(The following statement was released by the rating agency)

MONTERREY/SANTIAGO, April 29 (Fitch) Fitch Ratings has assigned

Provincia Casa

Financiera (Provincia) Foreign Currency (FC) and Local Currency

(LC) Long-Term

Issuer Default Ratings (IDRs) of 'B' and a Support Rating (SR)

of '5'. A full

list of rating actions follows at the end of this press release.

KEY RATING DRIVERS - IDRS

Provincia is a branch of Banco de la Provincia de Buenos Aires

(BAPRO) and part

of the same legal entity. Th

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