Fitch Takes Rating Actions on Panamanian Midsized Banks Following Peer Review

Following its peer review of the Panamanian midsized banks, Fitch Ratings has taken rating actions on the following entities:

--Banco Aliado, S.A.;

--Banco Internacional de Costa Rica, S.A.;

--Banco Panameno de la Vivienda, S.A.;

--Caja de Ahorros;

--Credicorp Bank, S.A.;

--Multibank, Inc.;

--Towerbank International, Inc.

Fitch has published press releases for each of these banks, which are available on 'www.fitchratings.com' and 'www.fitchcentroamerica.com'. These RACs include each issuer's key rating drivers and sensitivities, as well as the list of all rating actions taken.

Additional information is available at 'www.fitchratings.com' and 'www.fitchcentroamerica.com'.

Applicable Criteria and Related Research:

--'Global Bank Rating Criteria' (March 2015).

Applicable Criteria and Related Research:

Global Bank Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=863501

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