Fitch Affirms SAN Mexico at ‘BBB+’; Outlook Stable

MONTERREY, Mexico–(BUSINESS WIRE)–Fitch Ratings has taken the following rating actions on Banco Santander (Mexico), S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (SAN Mexico). SAN Mexico –Long-term foreign and local currency IDRs affirmed at ‘BBB+’; –Short-term foreign and local currency IDRs affirmed at ‘F2’; –Viability rating affirmed at ‘bbb+’; –Support rating affirmed at ‘2’; –National-scale long-term rating affirmed at ‘AAA(mex)’; –National-scale short-term