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Fitch Takes Rating Actions on Mexican Midsized Banks Following Peer Review

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MONTERREY, Mexico--(BUSINESS WIRE)--Following its peer review of the Mexican Midsized banks, Fitch Ratings has upgraded the ratings for the following Midsized Banks: Banca Mifel S.A. --Long-term foreign and local currency Issuer Default Ratings (IDRs) to 'BB' from 'BB-'; Outlook Stable; --Viability rating to 'bb' from 'bb-'; --National-scale long-term rating to 'A(mex)' from 'A-(mex)'; Outlook Stable; --National-scale short-term rating to 'F1(mex) from 'F2(mex)'. --Long-term cumulative subordin

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