Fitch affirms Credivalores

Fitch Ratings said it affirmed Credivalores Crediservicios SAS' long-term foreign currency issuer default ratings at B+ and short-term foreign currency issuer default rating at B.

The outlook is stable.

Fitch said the ratings are highly influenced by the company profile and asset quality metrics.

The ratings also consider the company's relatively ample risk appetite due to its focus on the low- to middle-income segments, modest financial performance, and capitalization and the recently improved funding flexibility, the agency explained.

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