Investec Bank Limited

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Investec Bank Limited
  • Investec Bank Limited
  • Year : Nov 2020
3 Tokens
USD 300.00
Summary

Investec Bank Limited’s national and international scale ratings outlooks have been placed on Negative, reflecting the worsening operating environment in South Africa, leading to a broadly negative overlay on the South African financial institutions sector.

Additional Information

The Negative outlooks reflect the worsening operating environment in South Africa, exacerbated by the ongoing COVID-19 pandemic. Should capital adequacy metrics weaken, and/or credit losses rise materially above expectations, negative rating action could be taken.

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