Fitch – “a material strengthening of the bank's franchise and a track record of good performance under the new management would be credit positive”.

S&P – “The positive outlook reflects the possibility that we could raise our long-term rating in the next 12 months, if we observed that Liberty Bank is improving its market positions by successfully developing a more diversified business, while maintaining solid profitability indicators, good asset quality, and capitalization commensurate with asset growth.”

Moody’s – “Liberty Bank's ratings could be upgraded if it is able to benefit from enhanced access to capital markets to improve its financial standing, such as to take advantage of domestic growth prospects ensuring stable recurring profitability, while maintaining adequate capitalisation, well above regulatory minima, and without increasing credit risk in its loan portfolio. We expect efficiency to continue to improve as the bank focuses on cost control and as its lending penetration among existing customers increases”.