Fitch Affirms Banco Rendimento Ratings at AA-; Stable Outlook

Fitch reaffirmed Banco Rendimento's national ratings at 'AA-(bra)' and 'F1+(bra)' with a stable outlook, citing progress in business diversification and a stronger market presence. The bank is expanding beyond its traditional FX leadership into corporate retail and financial solutions. This is a routine credit rating affirmation with no material market impact.