WebOct 20, 2024 · Fitch Ratings has affirmed Absa Group Limited’s (ABG) and its main operating subsidiaries, Absa Bank Limited (ABL), (IDRs) at ‘BB-‘. The Outlooks are also … WebJan 17, 2024 · London: Fitch Ratings has affirmed Absa Group Limited's (ABG) Long-Term Issuer Default Ratings (IDR) at 'BB+' as part of a peer review of South African banks. At the same time, Fitch has affirmed the Long-Term IDRs of ABG's main operating subsidiary, Absa Bank Limited (ABL) at 'BB+'. The Outlooks are Stable.
Fitch, Moody
WebMay 12, 2024 · The VRs of Absa and BAGL consider their strong company profiles. Absa is the third-largest domestic franchise in South Africa, with a market share of 20% and it is particularly strong in the retail deposit segment. BAGL's business across the sub-Saharan Africa is enhanced by the Barclays brand, which has been closely associated with the … WebSep 21, 2024 · Fitch Ratings has affirmed Absa Group Limited's (ABG) and its main operating subsidiary's, Absa Bank Limited (ABL), Long-Term Issuer Default Ratings … graceling plot
Fitch Affirms Absa Group Limited at
WebApr 1, 2024 · Fitch Ratings-London-04 January 2024: Fitch Ratings has assigned South Africa-based Absa Group Limited (ABG) and its main operating subsidiary Absa Bank WebMay 20, 2024 · Standard & Poor's credit rating for South Africa stands at BB- with stable outlook. Moody's credit rating for South Africa was last set at Ba2 with stable outlook. Fitch's credit rating for South Africa was last reported at BB- with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other … WebApr 11, 2024 · One of the first local banks to exhibit credit-related symptoms due to the environment of higher rates is Absa, the second-best performing bank stock in 2024, thanks to a 27.11% rally. Only niche lender Investec outperformed it with a 31.1% rally in 2024. ... while both the Reserve Bank and Fitch Ratings are forecasting growth of only 0.2% in ... graceling rating