CAPITEC BANK HOLDINGS LIMITED - Latest Moodys Investors Service Research Published
CPIP CPI CBL06 CBL08 CBL11 CBL12 CBL14 CBL16 CBL18 CBL22 CBL20 CBL09 CBL13 CBL19 CBL21 CBL15 CBL17 201405290040A
Latest Moody’s Investors Service Research Published
Capitec Bank Holdings Limited
Incorporated in the Republic of South Africa
Registration number 1999/025903/06
Registered bank controlling company
JSE share codes: CPI - ISIN : ZAE000035861
("Capitec")
Capitec Bank Limited
Incorporated in the Republic of South Africa
Registration No. 1980/003695/06
Company code: BICAP
(“Capitec Bank”)
LATEST MOODY’S INVESTORS SERVICE RESEARCH PUBLISHED
Moody’s Investors Service updated their research on Capitec
Bank Limited, the wholly-owned banking subsidiary of Capitec.
Both the international ratings of Baa3/P-3 and the national
ratings of A2.za/P-1.za remain unchanged and the outlook for
all ratings remains stable.
In their rating rationale, Moody’s mention that ‘The bank's
simplified, low-cost, single-banking solution has been gaining
appeal with South Africa's consumers, while its paperless,
straightforward, technology-driven business model enables it
to provide a low-cost and efficient service, with rapid
application processes and an improved service level.’
Stellenbosch
29 May 2014
Sponsor: PSG Capital (Pty) Limited
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 29/05/2014 04:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
