NEW YORK--(BUSINESS WIRE)--Fitch Ratings has today upgraded Banco Davivienda S.A.'s (Davivienda) viability rating (VR) to 'bbb' from 'bbb-' and Issuer Default Ratings (IDRs) to 'BBB' from 'BBB-'. A full list of rating actions follows at the end of this press release. The VR, IDRs and senior debt ratings have been upgraded because the bank restored its capital to levels in line with its peers and consolidated its performance in spite of the lower (relative to Colombian operations) profitability
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