Created by Anna Mileiko ICBC Standard Bank Plc has received ratings from two major credit rating agencies: Fitch and Moody's. These ratings assess the institution's financial stability and creditworthiness.
| Rating Category / Outlook | Value |
|---|---|
| Long-Term Issuer Default Rating | A- (high credit quality) |
| Outlook | stable |
| On Watch | No |
| Short-Term Issuer Default Rating | F1 (highest short-term credit quality) |
| Viability Rating | - |
| Support Rating | WD |
| Support Rating Floor | - |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness. The stable outlook means Fitch does not expect this rating to change in the near future.
| Rating Category / Outlook | Value |
|---|---|
| Long-Term Rating | A3 (upper medium grade) |
| Long-Term Bank Deposit Rating | Baa1 (lower medium grade) |
| Baseline Credit Assessment | ba3 |
| Outlook | stable |
Moody’s rating system highlights the bank's long-term upper medium strength, with the A3 rating showing upper medium credit quality. The ratings are assigned with a stable outlook, indicating that no immediate changes are expected in the near future.
