RatingJun 16, 2026, 06:07 AM
Agibank's National Rating Upgraded to 'AA.br' by Moody's Local
AI Summary
Agibank, a subsidiary of Agi Inc., received a credit rating upgrade from Moody's Local, raising its national rating from 'AA-.br' to 'AA.br' with a stable outlook. This marks the first upgrade since its February 2026 IPO. Moody's cited improvements in Agibank's credit profile, driven by strong operational growth, expansion of its loan portfolio and funding base, stronger capital levels, and advances in corporate governance. The bank's total credit portfolio grew 30% year-over-year to R$35.5 billion by March 2026.
Key Highlights
- Moody's Local upgraded Agibank's national rating from 'AA-.br' to 'AA.br'.
- The rating upgrade comes with a stable outlook.
- This is Agibank's first credit rating upgrade since its February 2026 IPO.
- Moody's cited strong operational growth and expansion of the loan portfolio.
- Improved funding base, stronger capital levels, and corporate governance advances contributed to the upgrade.
- Agibank's total credit portfolio reached R$35.5 billion at the end of March 2026.
- The credit portfolio showed a 30% year-over-year growth.
Price Impact
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