Fitch upgrades credit ratings of 12 Brazilian banks

Fitch Ratings has increased the credit ratings of 12 financial institutions in Brazil, including both public and private banks. This decision follows a rise in Brazil’s sovereign rating and the agency’s evaluation of the operational environment for Brazilian banks. Among the banks affected are Itau Unibanco Holding S.A., Banco Bradesco S.A., Banco do Brasil S.A., […]

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