#factor banorte

Moody’s Recalibrates Mexico’s National Rating Scale and Repositions National Scale Ratings of Banks and Other Financial Institutions

Moody's de México (Moody's) has repositioned the national scale ratings (NSRs) of 16 Mexican banks and other financial institutions in conjunction with the recalibration of the Mexican national rating scale. In addition, to enhance transparency of the meaning of NSRs and to minimize the chances they will be misinterpreted, the long-and/or short-term GSRs of 3 issuers, the corresponding NSRs of…