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Chile and Uruguay banks outlook for 2013 stable and negative for Argentina, says Fitch ratings

Friday, February 1st 2013 - 07:38 UTC
Full article 10 comments

The outlook for Southern Cone Banks is mixed in 2013, with a stable outlook for Chile and Uruguay, while Argentina faces a negative outlook and the potential for downgrades, according to a new Fitch Ratings report. Read full article

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  • willi1

    arg: “fitch and all these vultures only wish the worst to me and my poor people”, says the housewife on twitter and facebook today and tomorrow.

    Feb 01st, 2013 - 10:55 am - Link - Report abuse 0
  • Pirate Love

    does this great news ever end? we are being spoilt :)

    SELF-DETERMINATION!

    Feb 01st, 2013 - 12:06 pm - Link - Report abuse 0
  • Optimus_Princeps

    I really hope the IMF puts their foot down today. Cristina will need more than a couple hundred b**** slaps to get anything resembling reality through her thick head.

    @2 Knowing her personality, you very well might get quite the comedy show after all. Haven't you noticed that news of her stupidity is published almost daily?

    Feb 01st, 2013 - 01:29 pm - Link - Report abuse 0
  • Nostrolldamus the 8th

    Fitch casting judgments on Argentina is like asking Hezbollah what their prognosis is for the future of Israel.

    The Brits are funny people, they pity those who are “gullible” to the info they are fed, but they fail to realize the British banking cabal is fully corrupt in bed with their governmment, and apparently neither a massive economic crisis they still are enduring, nor a large-scale criminal interest rate manipulation (nor a huge rating agency corruption uncovering, nor banking leaders calling them “plebs, muppets”), gets them to admit the truth of their situation.

    Most delusional people on Earth. They deserve the triple dip, and the quadruple dip. I don't know the word for “five dip” recession, but I'm sure they will introduce it to us.

    Feb 01st, 2013 - 02:38 pm - Link - Report abuse 0
  • yankeeboy

    Rg banks are already bankrupt. They are forced to hold RG bonds paying rates at less than the inflation rate, forced to do mortgages and business loans at less than inflation rate and are losing their U$ deposit quickly.
    They're bankrupt they just do know it yet.

    Feb 01st, 2013 - 02:50 pm - Link - Report abuse 0
  • reality check

    You run around spouting the name of a non existing island at the drop of a hat! and you call us gullible!

    Feb 01st, 2013 - 03:13 pm - Link - Report abuse 0
  • yankeeboy

    I would think it is pretty hard to run a modern economy when they can't keep the lights on under 40g and over 90f. Apparently teh Minister of Planning ws saying he is proud ther are only 2000 areas of BA out right now and it is much better than the last 5-6X they've been out!!
    and
    8/1 was breached

    Interesting tidbit the unions are fighting for around P$8K/Mo and the guy who heads the tax collections makes P$100,000/mo!!!
    simply outrageous.
    Rgs are either very stupid or very lazy to let this go on year after year.

    Feb 01st, 2013 - 03:21 pm - Link - Report abuse 0
  • mastershakejb

    lollers forever @ argentina! I'm a rich american traveling the entire world slowly, at my leisure, and lovin it, eatin like a king all the while. Of all the countries I've seen thus far, Argentina is THE worst managed. Such potential, and yet such a disaster. If anyone with half a brain were in charge of that country, it'd have a GDP in the trillions of dollars.

    Feb 01st, 2013 - 03:28 pm - Link - Report abuse 0
  • Ayayay

    @4 Why not get Argentina to start a legitimate ratings agency?

    I hear there were some educated economists let go from INDEC that might want work.
    I'm sure Asia would love a better agency.

    Feb 01st, 2013 - 08:54 pm - Link - Report abuse 0
  • reality check

    That's like saying why wasn't christ born in Argentina?

    Because they could not find three wise men and a virgin.

    I know it's an old joke.

    Feb 02nd, 2013 - 12:34 am - Link - Report abuse 0

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