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SASFIN HOLDINGS LIMITED - Global Credit Rating Co affirms ratings assigned to Sasfin Bank Limited

Release Date: 01/09/2022 15:25
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


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


On 31 August 2022 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 improved from Negative
to 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 2022


Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 01-09-2022 03:25:00
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