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Fitch says 2014 banks outlook for region is stable

Tuesday, December 17, 2013

The rating outlook for banks in Central America and Dominican Republic is stable, according to a new Fitch Ratings report.

'The sector outlook is stable in all countries except Costa Rica, where it is positive, where Fitch anticipates that the banking sector will resume its growth and profitability in 2014," said senior director Rene Medrano.

The Nicaraguan and Dominican banking systems will remain the most profitable across the region, supported by comparatively high margins, the report said.

Source: Fort Mill Times