ABSA BANK LIMITED - Absa Bank Limited: Credit Rating Action

Absa Bank Limited: Credit Rating Action

ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/004794/06)
ETN Issuer Code: ABSN1
Interest Rate Issuer Code: BIABS
Structured Product Issuer Code: ABSP
AMC Alpha Code: ABAM1
("Absa Bank")


ABSA BANK LIMITED: CREDIT RATING ACTION

On November 20, 2024, S&P Global Ratings (S&P) raised Absa Bank's long-term South Africa national
scale rating from 'zaAA' to 'zaAA+' and affirmed Absa Bank's 'zaA-1+' short-term national scale rating.

For additional details on the ratings action please see the press release by S&P: South African Banks
Outlooks Revised To Positive On Similar Sovereign Action


Johannesburg
23 January 2025

Debt sponsor to Absa Bank Limited:
Absa Bank Limited, acting through its Corporate and Investment Banking division

Date: 23-01-2025 01:46:00
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