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Investor Relations

Risk Rating

Tanner is rated at a national level by Humphreys, and Feller Rate. Internationally Tanner is rated by Standard & Poor’s and by Fitch Ratings.

National

Feller Rate 
RatingsClassification
SolvencyAA-
BondsAA-
Commercial PaperN1+/AA-
OutlookStable
Humphreys 
RatingsClassification
SolvencyAA-
BondsAA-
Commercial PaperN1+/AA-
OutlookStable

Feller Rate classifies Tanner locally with a ‘AA-’ category for long-term debt titles and ‘N1/A-1+’ for short-term, with a stable outlook due to a strong capitalization and operating in the low-risk Chilean banking sector. Accordingly, Humphreys rates Tanner ‘AA-’ category for long-term debt titles and ‘N1/A-1+’ for short-term with a stable outlook due to the improvements in internal audit policies, portfolio concentration reduction, low default probability and reduced expected loss. On the other hand.

International

Standard & Poor's 
RatingsClassification
Long-term Foreign CurrencyBBB-
Short-term Foreign CurrencyF3
Long-term Local CurrencyBBB-
Short-term Local CurrencyF3
OutlookStable
Fitch Ratings 
RatingsClassification
Long-term Foreign CurrencyBBB-
Short-term Foreign CurrencyF3
Long-term Local CurrencyBBB-
Short-term Local CurrencyF3
OutlookStable

Internationally, Fitch Ratings and Standard & Poor’s maintained their long-term ratings of ‘BBB’ and short-term of F3.



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