Tuesday 05, December 2017 by Matthew AmlĂ´t

Moody's places on review for downgrade the Baa3 issuer ratings of DBSA, IDC and Land Bank

Moody's Investors Service, has today placed on review for downgrade the Baa3 long-term and Prime-3 short-term foreign-currency issuer ratings of Development Bank of Southern Africa (DBSA), the Baa3 long-term and Prime-3 short-term local-and foreign-currency issuer ratings of Land and Agricultural Development Bank ("Land Bank"), and the Baa3 long-term foreign currency issuer rating of Industrial Development Corporation of South Africa (IDC). The three institutions' long-term national scale issuer ratings (NSRs) of Aa1.za were also placed on review for downgrade.

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