NEW YORK–(BUSINESS WIRE)–Following a peer review, Fitch Ratings has affirmed Banesco Banco Universal, C.A.’s (BBU) foreign and local currency Issuer Default Ratings (IDRs) at ‘CCC’. No Rating Outlook is assigned at this rating level. Fitch has also downgraded Banesco’s Long-term National Rating to ‘A(ven)’ from ‘A+(ven)’ and its short-term National Rating to ‘F1(ven)’ from ‘F1+(ven)’. A full list of rating actions follows at the end of this release. The downgrade of Banesco’s national ratings
