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The ratings also reflect the strong supervision by BIHF of credit, market, and operational risks, the group's good access to credit, and the good performance of Banco Itau BBA S. Arrendamento Mercantil (BankBoston Leasing), following the announcement of an agreement between Bank of America Corporation (BAC; Long-term Issuer Default Rating rated 'AA-' with a Stable Outlook by Fitch) for the acquisition by BIHF of BKB. one of the largest banks operating in Brazil, is controlled almost entirely by BIHF (95. |
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