São Paulo, November 27, 2025 – Agibank, a bank operating a hybrid business model that combines digital solutions with smart hubs, received today a rating upgrade from S&P, raising its classification to ‘brAA-’, with a stable outlook.
In its report, S&P highlighted that “the rating upgrade reflects a positive holistic adjustment based on consistent expansion, improved profitability, strategic focus on the core business, and the bank’s prudent risk and capital management.”
In 2025, Agibank received rating upgrades from all three major global agencies. These achievements reinforce the market’s confidence in our business model, expanding our funding alternatives with more competitive spreads, and strengthening Agibank’s position as a reliable and resilient debt issuer. “We are positioned on a path of sustainable and profitable growth, the result of a business model that combines the best of digital and physical channels, always prioritizing customer primacy and close relationships,” said Marcello Dubeux, Chief Financial and Investor Relations Officer.
Agibank continues to consolidate its unique business model in Brazil, which combines profitability with sustainable growth. With more than 1,100 Smart Hubs across the country and over 6.4 million active customers, the bank recorded credit portfolio growth above 50% over the past year, while 90-day+ delinquency declined to 2.6% at the end of September 2025.
The full report published by the rating agency can be accessed here.