(The following statement was released by the rating agency)
Link to Fitch Ratings' Report: Brazilian Banks: Headwinds on
Asset Quality
Persist (Capitalization Still to Be Tested)
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=884197
SAO PAULO/LONDON, July 01 (Fitch) Rising loan impairment charges
are reducing
profitability in Brazil's banking sector and this will affect
banks' ability to
generate capital internally, says Fitch Ratings. If Brazilian
banks strengthened
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