BNP PARIBAS PERSONAL FINANCE SOUTH AFRICA LTD - S&P Rating Announcement

S&P Rating Announcement

BNP Paribas Personal Finance South Africa Limited
(Previously RCS Investment Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration No. 2000/017884/06)
Company code: RCSI
(“BNP Paribas PF South Africa”)

S&P rating announcement

On August 07, 2017 Standard & Poor’s Global Ratings (“S&P”) recalibrated its national scale mapping table
for South Africa, and as a result there has been an uplift in the national scale ratings applicable to BNP
Paribas Personal Finance South Africa Limited as follows:

                                                                        To              From
BNP Paribas Personal Finance South Africa Limited:
South Africa National Scale Long-Term                                   zaAA            zaA
South Africa National Scale Short-Term                                  zaA-1+          zaA-1

BNP Paribas Personal Finance South Africa Guaranteed Programme*:
South Africa National Scale Short-Term                                  zaA-1+          zaA-1

*Guaranteed by BNP Paribas

08 August 2017

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)



BNP Paribas (www.bnpparibas.com) is a leading bank in Europe with an international reach. It has a presence in
75 countries, with more than 189,000 employees, including more than 146,000 in Europe.
The BNP Paribas group, through its wholly owned subsidiary BNP Paribas Personal Finance, acquired 100% of
BNP Paribas Personal Finance South Africa Limited (formerly, RCS Investment Holdings Limited) in August 2014.
BNP Paribas PF South Africa is a consumer finance business predominantly based in South Africa, with over 16
years in the industry.

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