CAPITEC BANK HOLDINGS LIMITED - S&P Global Ratings Affirms Capitec Banks Credit Ratings
CPI CPIP CBL22 CBL18 CBL26 CBL14 CBL13 CBL24 CBL25 CBL27 CBL28 CBL17 CBL20 201809140018A
S&P Global Ratings Affirms Capitec Bank’s Credit Ratings
CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 1999/025903/06
JSE share code: CPI ISIN: ZAE000035861
JSE share code: CPIP ISIN: ZAE000083838
(“Capitec” or “the Company”)
CAPITEC BANK LIMITED
Incorporated in the Republic of South Africa
Registration No. 1980/003695/06
Company code: BICAP
Stock Code: CBL13
ISIN Code: ZAG000092560
Stock Code: CBL14
ISIN Code: ZAG000092552
Stock Code: CBL17
ISIN Code: ZAG000099359
Stock Code: CBL18
ISIN Code: ZAG000099367
Stock Code: CBL20
ISIN Code: ZAG000102245
Stock Code: CBL22
ISIN Code: ZAG000105305
Stock Code: CBL24
ISIN Code: ZAG000130881
Stock Code: CBL25
ISIN Code: ZAG000136110
Stock Code: CBL26
ISIN Code: ZAG000136128
Stock Code: CBL27
ISIN Code: ZAG000143884
Stock Code: CBL28
ISIN Code: ZAG000151333
(“Capitec Bank”)
S&P GLOBAL RATINGS (“S&P”) AFFIRMS CAPITEC BANK’S CREDIT RATINGS
S&P affirmed all of the credit ratings of Capitec Bank, the wholly owned subsidiary of
Capitec. The long-term global ratings are ‘BB’ and the short-term global ratings ‘B’. The
outlook is stable. The South African national scale ratings are affirmed as ‘zaAA’ long-term
and ‘zaA-1+’ short-term.
S&P mention in their research update issued on 13 September 2018, that their expectation is
‘the bank’s asset quality, profitability and capitalisation will remain broadly stable over the next
12 months.’
Stellenbosch
14 September 2018
Sponsor
PSG Capital
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