CAPITEC BANK HOLDINGS LIMITED – Confirmation of the credit rating of Capitec Bank – SENS

                            
Capitec Bank Credit Ratings Affirmed
CAPITEC BANK HOLDINGS LIMITED
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
Ordinary share code: CPI, ISIN: ZAE000035861
Preference share code: CPIP, ISIN: ZAE000083838
(‘Capitec’)
CAPITEC BANK LIMITED
Registration number 1980/003695/06
Incorporated in the Republic of South Africa
Registered bank
Company code: BICAP
Stock Code: CBL29, ISIN: ZAG000158874
Stock Code: CBL30, ISIN: ZAG000180977
(“Capitec Bank”)
CAPITEC BANK CREDIT RATINGS AFFIRMED
On 1 February 2022, S&P Global Ratings (“S&P”) affirmed all
the credit ratings of Capitec Bank, the wholly-owned
subsidiary of Capitec. This affirmation followed a revision of
S&P’s criteria for rating banks and non-bank financial
institutions and for determining their Banking Industry
Country Risk Assessment (BICRA).
The global long-term issuer credit rating remains ‘BB-’ in
line with that of the South African sovereign. The ‘B’ short-
term rating along with the ‘zaAA’ long-term and ‘zaA-1+’
short-term national scale ratings remain unchanged. The
outlook is stable.
2 February 2022
Stellenbosch
JSE Equity and Debt Sponsor
PSG Capital
Date: 02-02-2022 08:35:00
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