BAC International Bank achieves investment grade from Fitch Ratings

Fitch Ratings has upgraded the long-term international issuer risk rating of BAC International Bank Inc. to BBB- with a stable outlook, granting the institution investment grade status.

The upgrade reflects the strength of BAC’s business model, financial discipline, and its regional franchise strength. This milestone follows a similar investment grade rating received from S&P Global Ratings in 2022. Fitch’s assessment highlighted the organization’s diversified operations, risk management quality, and consistent financial results.

Rodolfo Tabash, President and CEO of BAC, stated that the rating confirms the strength of the company’s business model and the trust generated among clients and investors, noting that it prepares the organization to lead the future of banking in the region.