To view the PDF file, sign up for a MySharenet subscription.

SASFIN HOLDINGS LIMITED - Global Credit Rating Co confirmation

Release Date: 09/12/2020 09:00
Code(s): SFN SFNP     PDF:  
Wrap Text
Global Credit Rating Co confirmation

Sasfin Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273


GLOBAL CREDIT RATING CO (“GCR”) AFFIRMS RATINGS ASSIGNED TO SASFIN BANK
LIMITED


On 3 December 2020 GCR affirmed the national scale rating assigned to Sasfin Bank Limited of
BBB+(ZA) and A2 (ZA) in the long and short term respectively; with the outlook accorded as
Negative. At the same time, Sasfin Bank Limited’s long-term international scale rating has remained
unchanged at B with a Stable outlook. The international scale rating reflects the strained operating
environment of South Africa and increasing sector risk due to COVID-19.

The full report on the ratings published by GCR is available on Sasfin’s website:
https://www.sasfin.com/investor-relations/


Johannesburg
9 December 2020


Sponsor
Sasfin Capital (a member of the Sasfin group)


Independent Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 09-12-2020 09:00:00
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.

Share This Story