BR Partners

Fitch raises BR Partners' Rating to 'AA-(bra)'.

"Fitch Ratings has upgraded BR Partners Banco de Investimento S.A.'s (BR Partners) Long-Term National Rating to 'AA-(bra)' from 'A+(bra)' and its Short-Term National Rating to 'F1(bra)' from 'F2(bra)'. The Outlook of the Long-Term National Rating is Stable."

"The rise in BR Partners' ratings is due to the proven resilience of the group's business model, even in periods of stress. It also considers the continued growth of its main business lines, which should expand more intensely after the strengthening of capital with the completion of the IPO process."

Published by Fitch Ratings on June 28, 2022.

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