Mexico, March 06, 2015 -- Moody's de México today placed on review for downgrade the long-term global local currency (GLC) and Mexican National Scale issuer ratings of Casa de Bolsa BBVA Bancomer S.A. de C.V. (Casa de Bolsa Bancomer), Hipotecaria Nacional, S.A. de C.V. (HipNal), Acciones y Valores Banamex, Casa de Bolsa (Accival), Arrendadora y Factor Banorte, S.A. de C.V. (AyF Banorte), Casa de Bolsa Santander, S.A. de C.V. and Scotia Inverlat Casa de Bolsa, S.A. de C.V. (Scotia Casa de Bolsa). Moody's also placed the short-term GLC issuer ratings of Casa de Bolsa Bancomer, Accival, and Scotia Casa de Bolsa, and the long-term senior unsecured debt rating of AyF Banorte, under review for possible downgrade. Today's rating action is in line with Moody's re-assessment of parental support considerations for sister companies.
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