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Itau BBA Colombia S.A. wins AAA rating



                    Itau BBA Colombia S.A. wins AAA rating

The AAA ranking is the highest grade in the risk classification provided by
the Fitch agency to companies and governments; recognition will facilitate
access to credit to finance public and private projects in the country

PR Newswire

BOGOTA, Colombia, July 4, 2013

BOGOTA, Colombia, July 4, 2013 /PRNewswire/ -- Itau BBA Colombia S.A. received
the AAA rating today, the highest investment grade in the credit ranking
granted to companies and countries by the international agency Fitch. 

The rating is the grade assessing the ability of a company or nation to settle
its debts. 

In winning the AAA grade from Fitch, one of the three biggest credit
assessment agencies in the world, the Colombian subsidiary of Itau BBA will
have access to a higher volume of credit at lower cost. In granting this
rating to Itau BBA, the agency is announcing to the market that it sees the
lowest possible risk of the institution defaulting on its debts.   

"We believe that the AAA rating granted by Fitch is a recognition of our work
of establishing Itau BBA in Colombia, which is already yielding favorable
results in line with our expectations, a goal we've accomplished in less than
a year of operation," states Ramiro Gonzalez-Prandi, President of Itau BBA
Colombia. "Because of the robustness of our balance sheet, we can take part in
operations with big multinational companies that are established in Colombia
or interested in doing business here, as well as with Colombian companies with
large investment projects that are interested in expanding internationally. 
This reaffirms our group's commitment to growth in the region." 

He is also of the opinion that winning the highest investment grade will
strengthen Itau BBA's commitment to support the growth of the Colombia
economy, inasmuch as it will facilitate access to credit, which will
ultimately be allocated to projects in the public  and private sectors.

About Itau BBA:

Itau BBA is the corporate and investment bank of Grupo Itau Unibanco, the
largest financial conglomerate in Brazil, and one of the biggest in the world
in terms of market capitalization.  Its portfolio is made up of 3,100 of the
biggest companies in Latin America, and more than 700 institutional investors.
 Itau BBA provides financial services, investment projects, transactional
products, advisory services on mergers and acquisitions, capital and debt
offerings, and derivatives, among other things.

Further information:
Marcelo Serrano
marcelo.serrano@itaubba.com
+ 55 11 3708-8921

Rui Dantas
rui.dantas@itaubba.com
+ 55 11 3708-8701

SOURCE Itau Unibanco Holding S.A.
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