Edition:
India

BBVA Banco Frances SA (FRA.BA)

FRA.BA on Buenos Aires Stock Exchange

138.50ARS
1:26am IST
Change (% chg)

$-0.40 (-0.29%)
Prev Close
$138.90
Open
$139.00
Day's High
$141.20
Day's Low
$137.00
Volume
248,065
Avg. Vol
176,383
52-wk High
$141.20
52-wk Low
$85.05

Latest Key Developments (Source: Significant Developments)

Fitch Upgrades BBVA Banco Frances's Local Currency IDR to 'B+'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, October 17 (Fitch) Fitch Ratings has upgraded BBVA Banco Frances, S.A.'s (BBVA Frances) Local Currency Long-term Issuer Default Rating (IDR) to 'B+' from 'B' and its Support Rating to '4' from '5'. The Rating Outlook is Stable. Fitch has also affirmed the bank's standalone Viability Rating (VR) at 'b'. The upgrades are based on Fitch's opinion that BBVA Frances' shareholder support has improved. KEY RATING DRIVERS IDRS AND SUP