Viceroy’s report on Capitec is flawed – S&P

PUBLISHED: Fri, 02 Feb 2018 11:37:32 GMT


S&P Global Ratings said yesterday that its ratings on Capitec Bank was not affected by the investment report published by Viceroy Research on January 30th or by the market’s reaction to the report. S&P has Capitec ranked at BB, or speculative, with a stable outlook in line with sovereign rating. Matthew Pirnie, Primary Credit Analyst at S&P Global joins CNBC Africa for more.

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