CAPITEC BANK LIMITED - Capitec Bank Obtained Standard And Poors Ratings
CBL11 CBL14 CBL22 CBL08 CBL12 CBL16 CBL18 CBL09 CBL13 CBL19 CBL21 CBL23 CBL17 CBL20 CPIP CPI 201510130017A
Capitec Bank Obtained Standard And Poor’s Ratings
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
JSE preference share code: CPIP ISIN code: ZAE000083838
("Capitec")
Capitec Bank Limited
Incorporated in the Republic of South Africa
Registration No. 1980/003695/06
Company code: BICAP
(“Capitec Bank” or “the bank”)
CAPITEC BANK OBTAINED STANDARD AND POOR’S RATINGS
On 13 October 2015, Standard and Poor’s Ratings Services
(“S&P”) assigned international credit ratings to Capitec
Bank for the first time. The bank’s global scale long term
credit rating is “BB+” and the short term rating “B”. Both
these ratings carry a stable outlook. The South Africa
national scale long term rating is “zaA” and the short term
rating “zaA-1”.
S&P, in their commentary on the stable outlook, mentioned
that their 12 month view is that the bank’s business
position, asset quality and capitalisation will be
resilient to the challenging economic environment and
regulatory headwinds in South Africa.
Stellenbosch
13 October 2015
Sponsor: PSG Capital (Pty) Limited
Debt Sponsor: Rand Merchant Bank (A division of FirstRand
Bank Limited)
Date: 13/10/2015 11:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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