14.09.2016 18:07:00
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Development Bank of Southern Africa -- Moody's places on review for downgrade the Baa2 issuer ratings of DBSA, IDC and Land Bank
Limassol, September 14, 2016 -- Moody's Investors Service ("Moody's") has today placed on review for downgrade the Baa2 foreign-currency long-term issuer ratings of the Development Bank of Southern Africa ("DBSA"), Industrial Development Corporation of South Africa ("IDC"), and the Land and Agricultural Development Bank of South Africa ("Land Bank"). Land Bank's local currency long-term issuer rating of Baa2, short-term issuer ratings of Prime-2 and national scale issuer ratings of Aa1.za/P-1.za were also placed on review for downgrade. The full list of ratings is provided at the end of this press release.