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Details of the credit ratings assigned to Nedbank Limited and Nedbank Group, as well as the sovereign credit ratings are provided below. The ratings are assigned by Moody's Investor Services and Standard & Poor's Rating Services.
Nedbank Limited | Sovereign SA | |
October 2022 | October 2022 | |
Foreign currency ratings | ||
Long-term | Ba2 | Ba2 |
Short-term | Not Prime | Not Prime |
Outlook | Stable | Stable |
Local currency ratings | ||
Long-term | Ba2 | Ba2 |
Short-term | Not Prime | N/A |
Outlook | Stable | Stable |
SA National scale ratings | ||
Long-term | Aa1/NP | |
Short-term | P-1.za |
Nedbank Limited | Sovereign SA | |
December 2022 | December 2022 | |
Foreign currency ratings | ||
Long-term | BB- | BB- |
Short-term | B | B |
Outlook | Positive | Positive |
SA National scale ratings | ||
Long-term | zaAA | zaAAA |
Short-term | zaA-1+ | zaA-1+ |
Moody's: Nedbank Limited update to credit analysis - 09 October 2018 [1.2 MB]
Moody's: Nedbank Limited update to credit analysis - 27 March 2019 [1.1 MB]
Moody's: Nedbank Limited update to credit analysis - 27 September 2019 [1.1 MB]
Moody's: Nedbank Limited update to credit analysis - 19 November 2019 [1.1 MB]
Moody's: Nedbank SENS - 01 April 2020 [102 KB]
Moody's: Nedbank Limited update to credit analysis - 06 April 2020 [1.1 MB]
Moody's: Nedbank Limited update to credit analysis - 25 September 2020 [1.1 MB]
Moody's: Nedbank Limited update to credit analysis - 27 November 2020 [1.1 MB]
Moody's: Nedbank Limited update to credit analysis - 24 May 2021 [1.1 MB]
Moody's: Nedbank Limited update to credit analysis - 13 December 2021 [1.2 MB]
Moody's: Nedbank Limited update to credit analysis - 07 April 2022 [1.2 MB]
Moody's: Nedbank Limited update to credit analysis - 19 October 2022 [1.2 MB]
S&P: Nedbank Limited - Ratings direct - 05 October 2018 [435 KB]
S&P: Nedbank Limited - Ratings direct - 13 August 2019 [1 MB]
S&P: Nedbank Limited - Ratings direct - 26 November 2019 [118 KB]
S&P: Nedbank Limited - Ratings direct - 07 May 2020 [130 KB]
S&P: Nedbank Limited - Ratings direct - 24 July 2020 [1.4 MB]
S&P: Nedbank Limited - Ratings direct - 25 May 2022 [151 KB]
S&P: Nedbank Limited - Ratings direct - 16 December 2022 [101 KB]