Tag: Ficohsa

Fitch Ratings, one of the world's leading credit rating agencies, has recently affirmed Banco Financiera Comercial Hondureña, S.A. (Ficohsa) at 'A+(hnd)', with a stable outlook. This rating reflects Ficohsa's financial strength and consistent performance in the Honduran market. Key rating factors Size and market relevance Ficohsa is the largest bank in terms of assets and the second largest in terms of loans and deposits in Honduras. Its relevant franchise size gives it a significant competitive advantage in the market. In addition, its business model focuses on corporate and commercial banking, which has resulted in consistent total operating revenues of USD 310 million over the past four years. Loan portfolio quality Although Ficohsa's past-due portfolio ratio increased slightly to ...

Fitch Ratings, one of the world's leading credit rating agencies, has recently affirmed Banco Financiera Comercial Hondureña, S.A. (Ficohsa) at 'A+(hnd)', with a stable outlook. This rating reflects Ficohsa's financial strength and consistent performance in the Honduran market. Key rating factors Size and market relevance Ficohsa is the largest bank in terms of assets and the second largest in terms of loans and deposits in Honduras. Its relevant franchise size gives it a significant competitive advantage in the market. In addition, its business model focuses on corporate and commercial banking, which has resulted in consistent total operating revenues of USD 310 million over the past four years. Loan portfolio quality Although Ficohsa's past-due portfolio ratio increased slightly to ...

Fitch Ratings, one of the world's leading credit rating agencies, has recently affirmed Banco Financiera Comercial Hondureña, S.A. (Ficohsa) at 'A+(hnd)', with a stable outlook. This rating reflects Ficohsa's financial strength and consistent performance in the Honduran market. Key rating factors Size and market relevance Ficohsa is the biggest financial institution in relation to assets and the second biggest concerning loans and deposits in Honduras. Its considerable franchise dimensions provide it with a noteworthy competitive edge within the market. Moreover, its business strategy concentrates on corporate and business banking, which has led to steady overall operating earnings of USD 310 million during the previous four years. Loan portfolio quality Although Ficohsa's past-due po...