# Latin American banks rating upgrades

> Live situation record from CLSTR: https://clstr.news/situations/latin-american-banks-rating-upgrades
> Updated: 2026-07-31T03:17:57.000Z. Sources: 3. Developments: 2.

In July 2026 two regional banks announced rating improvements. Banco FIE was upgraded to an AA1 rating by MicroFinanza Rating, marking a significant credit quality boost. Later in the month, Banco Caribe received an A‑minus rating from Feller Rate and saw its outlook shift from Stable to Positive. Banco Caribe’s management linked the upgrade to its focus on digital transformation, operational efficiency, diversified business lines and sustainable growth. Both announcements come amid a broader wave of digitalisation across Latin America’s financial sector, with fintech growth, Banking‑as‑a‑Service models and new regulations supporting digital wallets, crowdfunding and peer‑to‑peer lending.

## Timeline

### 2026-07-31: Banco Caribe Receives A- Rating Upgrade and Positive Outlook

Banco Caribe's A‑minus rating was confirmed and its outlook upgraded to Positive by Feller Rate, highlighting its digital transformation and growth strategy amid broader fintech expansion in Latin America.

3 sources. https://clstr.news/cluster/banco-caribe-receives-a-rating-upgrade-and-positive-outlook

### 2026-07-10: Banco FIE receives AA1 rating upgrade from MicroFinanza Rating

Bolivia's Banco FIE was upgraded to AA1 by MicroFinanza Rating, marking the highest AA level. The move reflects stronger profitability, credit quality, liquidity and risk management amid an inflation‑driven, v

2 sources. https://clstr.news/cluster/banco-fie-receives-aa1-rating-upgrade-from-microfinanza-rating

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Cite as: Latin American banks rating upgrades. CLSTR, https://clstr.news/situations/latin-american-banks-rating-upgrades