Credit Ratings

Summary of our credit ratings

In general, we have been assigned strong ratings for credit quality, capacity for timely repayment and financial strength. In terms of our Dual Listed Companies structure, Investec plc and Investec Limited are treated separately from a credit point of view.

As a result, the rating agencies have assigned ratings to the significant banking entities within the group, namely Investec Bank plc and Investec Bank Limited.

Certain rating agencies have assigned ratings to the holding companies, namely, Investec plc and Investec Limited.

Rating agency   Investec Limited Investec Bank Limited - a subsidiary of Investec Limited Investec plc Investec Bank plc - a subsidiary of Investec plc
Fitch Long term ratings
Foreign Currency BB- BB-   BBB+
National AA+ (zaf) AA+ (zaf)    
Short term ratings
Foreign Currency B B   F2
National F1+ (zaf) F1+ (zaf)    
Outlook Stable Stable   Stable
Moody's Long term deposit ratings
Foreign Currency   Ba2 Baa1 A1
National   Aa1.za    
Short term deposit ratings
Foreign Currency   NP P-2 P-1
National   P-1.za    
Outlook   Stable Stable Stable
S&P Long term deposit ratings
Foreign Currency   BB-    
National   za.AA    
Short term deposit ratings
Foreign Currency   B    
National   za.A-1+    
Outlook   Positive    
Global Credit Ratings Long term ratings
International scale, local currency   BB   BBB+
National scale   AA(za)    
Outlook   Stable    
Short term ratings
International scale, local currency   B   A2
National scale   A1+(ZA)