Rating Agencies

2019 Anual Report

Rating Agencies

The Moody’s rating agencies, Standard & Poor’s and Fitch, consider that to assign their rates to the institution, strength of the institution and the backing of the Federal Government grants for the fulfillment of their objective as a booster to the Foreign Trade in Mexico. In this sense, the backing from the federal government, represented by the explicit guarantee of the government in the organic law of the bank, implies that the institution receives the same ratings and perspectives of development from the Federal Government.

Specialized Rating Companies in the closingof 2019.

Moody’s Investor Service
1	Perspective	Negative
2	Long Term Rating	A3
2	Baseline Credit Assesment	ba3
3	Short term	P-2
Standard & Poor’s
4	Perspective	Negative
5	Issuer Credit Long-term foreign currency	BBB+
6	Issuer Credit Foreign currency Short Term	A-2
Standard & Poor’s National
7	Natl LT Issuer Credit	mxAAA
8	Natl sT Issuer Credit	mxA-1+
Fitch Ratings
9	Perspective	Stable
10	Issuing Bankruptcy Long-term foreign currency	BBB
11	Issuer bankruptcy Long term Short term	BBB
12	Issuing Bankruptcy Foreign currency Short Term	F2
13	Issuer bankruptcy Long term Short term	F2
13	Support Rating	2
Fitch National
15	Natl Long Term	AAA(mex)
16	Natl Sr Unsecured	AAA(mex)
17	Natl Short Term	F1+(mex)

Phone: +52 (55) 5449 9000

E-mail:bancomext@bancomext.gob.mx

Dir: Periférico Sur 4333, Col. Jardines en la Montaña, Tlalpan,

Ciudad de México, C.P. 14210