ABL - African Bank Investments Limited - African B
ABL ABLP
ABL
ABL - African Bank Investments Limited - African Bank ratings upgrade
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
(Ordinary share code: ABL) (ISIN: ZAE000030060)
(Preference share code: ABLP) (ISIN: ZAE000065215)
("ABIL" or "the company")
AFRICAN BANK RATINGS UPGRADE
ABIL announces that Moody`s has raised the long-term national scale credit
rating of African Bank from A2.za to A1.za and has affirmed the short-term
rating at Prime-1.za. The rating outlook is stable.
Moody`s said that the ratings reflect the bank`s good creditworthiness and
strong capacity to meet local currency obligations.
Johannesburg
25 April 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25/04/2007 16:18:01 Produced by the JSE SENS Department.
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