Fitch Withdraws Ratings To Panama's BAC International Bank.Business Editors NEW YORK--(BUSINESS WIRE)--July 19, 2001 Fitch clarifies that the rating withdrawal effective July 17, 2001 is by mutual consent and is not a reflection of any rating development. The ratings withdrawn include: an Intra-country issuer rating of `B' assigned to BAC BAC abbr. blood alcohol concentration International Bank (Panama), Inc. and subsidiaries in Panama; a short-term foreign currency rating of `F3' assigned to BAC International Bank and Subsidiaries (Grand Cayman Grand Cayman See Cayman Islands. ); and, an Intra-country issuer rating of `B' assigned to Credomatic International Corporation in the British Virgin Islands British Virgin Islands A British colony in the eastern Caribbean east of Puerto Rico and the U.S. Virgin Islands. Road Town, on Tortola Island, is the capital. Population: 21,700. Noun 1. . The ratings were introduced following Fitch's acquisition of Thomson Financial Thomson Financial A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings BankWatch, and its portfolio of IC-ratings. |
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