Fitch Upgrades Agibank Credit Rating to AA(bra)

Sao Paulo, Brazil - Agibank, a subsidiary of Agi Inc. (NYSE: AGBK), announced that it has received a credit rating upgrade from Fitch Ratings. The bank has been elevated from AA-(bra) to AA(bra), with a stable outlook, reflecting improvements in its operational performance and corporate governance.

The agency cited Agibank's strengthened credit profile as the primary driver for this upgrade. Despite a challenging environment within the payroll lending sector, including significant regulatory shifts, the bank has demonstrated resilience through diversified funding, consistent asset quality, and profitable growth.

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