Moody’s Local Upgrades Agibank’s National Rating to ‘AA.br’, with Stable Outlook
Represents Agibank's first ratings upgrade since its February 2026 Initial Public Offering
Agibank, a bank that operates a hybrid platform combining the efficiency and scalability of digital with the proximity and service of a physical presence, received today acredit rating upgrade from Moody’s Local, raising its classification from ‘AA-.br’ to ‘AA.br’. Agibank is a subsidiary of Agi Inc. (NYSE: AGBK) (“Agi”).
In its report, Moody’s highlighted that “the upgrade of Agibank’s ratings primarily reflects the improvement in the bank’s credit profile, supported by the strong growth of its operations, with expansion of its loan portfolio and funding base, accompanied by stronger capital levels and advances in its corporate governance following its initial public offering (IPO) on the New York Stock Exchange (NYSE), while maintaining adequate asset quality and profitability metrics.”
“This is the first credit rating upgrade Agi has received since our IPO, and we are confident that this achievement will reinforce the market’s confidence in our business model, expanding our funding alternatives with more competitive costs and strengthening Agibank’s position as a reliable and resilient debt issuer,” said Marcello Dubeux, Chief Financial Officer and Investor Relations Officer at Agi.
