CAPITEC BANK HOLDINGS LIMITED - Capitec Bank Credit Ratings And Outlook Unchanged

Capitec Bank Credit Ratings And Outlook Unchanged

Capitec Bank Holdings Limited
Incorporated in the Republic of South Africa
Registration number 1999/025903/06
JSE share code: CPI - ISIN : ZAE000035861 and CPIP - ISIN:
ZAE000083838
"Capitec"

Capitec Bank Limited
Incorporated in the Republic of South Africa
Registration No. 1980/003695/06
Company code: BICAP
“Capitec Bank”

CAPITEC BANK CREDIT RATINGS AND OUTLOOK UNCHANGED

On 19 December 2013, Moody’s Investors Service affirmed the
credit ratings and outlook for these ratings of Capitec
Bank, the wholly-owned banking subsidiary of Capitec. Both
the international ratings of Baa3/P-3 and the national
ratings of A2.za/P-1.za remain unchanged and the outlook
for all ratings remains stable. In their ratings report,
Moody’s mention that Capitec Bank “has a successful,
rapidly   growing,  niche  franchise   in   South  Africa’s
unsecured lending market, with further growth and revenue
diversification supported by its expanding transactional
banking customer base”.

Stellenbosch
20 December 2013
Sponsor: PSG Capital (Pty) Limited

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