Colombian Banks Ban100 and AV Villas Receive Positive Ratings from Fitch and Value and Risk

Colombian banks Ban100 and AV Villas have received positive ratings from leading credit rating agencies. Fitch Ratings affirmed Ban100's 'AA-(col)' rating with a stable outlook, highlighting its niche business model focused on pension loans, portfolio quality, and capitalization strategy. Value and Risk maintained AV Villas' AAA (Triple A) and VrR 1+ ratings for long and short-term debt, respectively, also with a stable outlook, citing the bank's high capacity for debt repayment and solid equity position. For Ban100, Fitch noted the improvement in portfolio quality, with overdue loans decreasing from 4.5% in 2023 to 3.8% at the end of 2024. This improvement is attributed to a strategy focused on lower-risk segments. Ban100's President, Héctor Chaves, stated that the rating reflects the bank's commitment to responsible management and sustainable growth. Value and Risk emphasized AV Villas' strategic direction, incorporating a competitive and innovative service offering. The agency also acknowledged AV Villas' efforts to strengthen its value proposition through specialized service channels and product variety. Value and Risk will monitor the bank's projects aimed at operational growth and balance sheet stabilization.