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Credit Ratings
In June 2007 S&P reaffirmed SAIB the following ratings:
Standard and Poor's
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Foreign Currency
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Rating
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Definition
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Long - Term
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A-
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An obligor rated 'A' has strong capacity to meet its financial commitments but is somewhat
more susceptible to the adverse effects of changes in circumstances and economic conditions
than obligors in higher-rated categories.
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|
Short - Term
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A-2
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An obligor rated 'A-2' has satisfactory capacity to meet its financial commitments. However, it is
somewhat more susceptible to the adverse effects of changes in circumstances and economic
conditions than obligors in the highest rating category.
|
In October 2007 FitchRating reaffirmed SAIB the following ratings:
FitchRatings
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Foreign Currency
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Rating
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Definition
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Long - Term
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A-
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'A' ratings denote expectation of low credit risk. The capacity for timely payment of financial
commitments is considered strong. This capacity may, nevertheless, be more vulnerable to changes in
circumstances or in economic conditions than is the case for higher ratings.
|
|
Short - Term
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F2
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'F2' ratings indicate good credit quality with a satisfactory capacity for timely payment of financial commitments, but the margin of safety is not as great as in the case of the higher ratings.
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