BCAB - What does BCAB stand for? The Free Dictionary
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CACIB's current long-term IDR remains three notches above Brazil's sovereign rating, therefore, the national rating of BCAB
would only be affected by a multi-notch downgrade of CACIB.
As such, changes in CACIB's ratings or in its willingness to support BCAB could affect the ratings of the latter.
Similar to most of the foreign-owned banks operating in Brazil, despite a reduction in the recent quarters, BCAB continues to rely on its parent as its principal funding source, which accounted for 53% of total non-equity funding as of 1Q'12 (65% in 2010).
While it struggles to survive, the charity says the new Welfare Reform Act, which will see the biggest overhaul of the benefits system in more than 60 years, is leaving thousands of Brummies turning to BCAB
IT'S not just benefits inquiries leaving BCAB
battling to cope with demand.
Pete Rana (left) and Maninder Mangat (right) present the BCABS funds money to Compton Hospice fundraiser Suzanne Davies