Risk Rating

Tanner is rated at a national level by Humphreys, and Feller Rate. Internationally Tanner is rated by Standard & Poor’s and by Fitch Ratings.
 

National

Feller Rate
Rating
Classification
Solvency
AA-
Bonds
AA-
Commercial Paper
Nivel 1+
Outlook
Stable
Humphreys
Rating
Classification
Solvency
AA-
Bonds
AA-
Commercial Paper
N1+/AA-
Outlook
Stable

Feller Rate classifies Tanner locally with a ‘AA-’ category for long-term debt titles and ‘N1/A-1+’ for short-term, with a stable outlook due to a strong capitalization and operating in the low-risk Chilean banking sector. Accordingly, Humphreys rates Tanner ‘AA-’ category for long-term debt titles and ‘N1/A-1+’ for short-term with a stable outlook due to the improvements in internal audit policies, portfolio concentration reduction, low default probability and reduced expected loss. On the other hand.
 

Internacional

Standard & Poor’s
Rating
Classification
Long-term Foreign Currency
BBB-
Short-term Foreign Currency
F3
Long-term Local Currency
BBB-
Short-Term Local Currency
F3
Outlook
Stable
Fitch Ratings
Rating
Classification
Long-Term Foreign Currency
BBB-
Short-Term Foreign Currency
F3
Long-Term Local Currency
BBB-
Short-Term Local Currency
F3
Outlook
Stable

Internationally, Fitch Ratings and Standard & Poor’s maintained their long-term ratings of ‘BBB’ and short-term of F3.