The operations of the Adopem Bank were ratified with the long-term national rating ‘AA(dom)’ and stable outlook and maintains the national short-term valuation at ‘F1+(dom)’, according to the agency Fitch Ratings.
The indicators of this new evaluation show that Adopem develops a stable business model, a quality of adequate portfolio, solid profitability, robust capitalization and diversified funding.
Read more: Assets of Banco Adopem amount to RD$9,500 MM
The credit rating agency considers in its report that the performance of the microfinance entity has given stability to its financial profile throughout the economic cycle with a market position of 0.3% of the total assets of the financial system.
Adopem is part of the BBVA Microfinance Foundation.
