Accordion ONE
Fitch Ratings Short-term Long-term Outlook
Standard Bank Group Limited
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating BB+ Stable
National rating F1 + (ZAF) AA (ZAF) Stable
The Standard Bank of South Africa
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating BB+ Stable
National rating F1 + (ZAF) AA (ZAF) Stable
RSA Sovereign rating
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating B BB+ Stable
Stanbic IBTC Bank Plc (Nigeria)
National rating B BB+ Stable
Stanbic Bank (Kenya)
Issuer default rating B BB- Stable
National rating F1+ (KEN) AAA (KEN) Stable
Accordion Two
Fitch Ratings Short-term Long-term Outlook
Standard Bank Group Limited
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating BB+ Stable
National rating F1 + (ZAF) AA (ZAF) Stable
The Standard Bank of South Africa
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating BB+ Stable
National rating F1 + (ZAF) AA (ZAF) Stable
RSA Sovereign rating
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating B BB+ Stable
Stanbic IBTC Bank Plc (Nigeria)
National rating B BB+ Stable
Stanbic Bank (Kenya)
Issuer default rating B BB- Stable
National rating F1+ (KEN) AAA (KEN) Stable
Accordion THREE
Fitch Ratings Short-term Long-term Outlook
Standard Bank Group Limited
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating BB+ Stable
National rating F1 + (ZAF) AA (ZAF) Stable
The Standard Bank of South Africa
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating BB+ Stable
National rating F1 + (ZAF) AA (ZAF) Stable
RSA Sovereign rating
Foreign currency issuer default rating B BB+ Stable
Local currency issuer default rating B BB+ Stable
Stanbic IBTC Bank Plc (Nigeria)
National rating B BB+ Stable
Stanbic Bank (Kenya)
Issuer default rating B BB- Stable
National rating F1+ (KEN) AAA (KEN) Stable