The international rating Pacific Credit Rating (PCR) recognized the financial robustness of the LAFISE bench, raising the financial strength rating from DOA- to DOA; from DO2 to DO2+ for short-term deposits, and from DOBBB+ to DOA- for subordinated debt bonds, with a “stable” outlook.
This improvement in the risk rating is based on the commercial credit business approach that is reflected in constant growth and adequate quality of the credit portfolio.
The rating committee recognized the positive impact of LAFISE bank in the Dominican Republic and the sustained increase in profitability indicators.
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LAFISE Bench made an alliance with those belonging to the groups NABVETS, Wolfpack and the You Served Foundation, We Care to offer a broad portfolio of financial products and services.
Valuing the heroic sacrifice they have made to defend peace and freedom of USA and stating that they feel honored to be able to serve them, LAFISE becomes the first bank in the Dominican Republic and in Latin America to provide and recognize these benefits to US Veterans and, in turn, offer financial solutions without borders to enjoy a paradisiacal destination.
About LAFISE
Grupo LAFISE is a modern and diversified business holding company with 37 years in the region, with a presence in 11 countries, +4,000 collaborators, +900,000 clients to integrate and energize the markets in specialized services in banking, insurance, investment banking, stock exchanges, agro-export marketing, deposit warehouses, investments, Fundación Zamora Terán; among others.
LAFISE becomes the pioneer in offering exclusive financial services for veterans in the region, as part of continuing its commitment to provide financial solutions without borders according to the needs of its clients.
