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SASFIN HOLDINGS LIMITED - Global Credit Rating Co affirms Ratings Assigned to Sasfin Bank Limited

Release Date: 01/09/2023 11:00
Code(s): SFN     PDF:  
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Global Credit Rating Co affirms Ratings Assigned to Sasfin Bank Limited

Sasfin Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
(“Sasfin” or “the group”)

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

On 31 August 2023 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 remaining Stable. At
the same time, Sasfin Bank Limited’s international scale rating of B has remained unchanged in the
long and short term respectively with a Stable outlook. The affirmation of the ratings and revised
outlooks balances the group’s strong capital and liquidity levels against a moderate funding structure
and risk profile.

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

Johannesburg
1 September 2023

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 01-09-2023 11:00:00
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