News: Absa Bank Ltd (ABSPp.J)

ABSPp.J on Johannesburg Stock Exchange

87,000.00ZAc
8:01am EDT
Price Change (% chg)

0.00c (+0.00%)
Prev Close
87,000.00c
Open
86,700.00c
Day's High
87,000.00c
Day's Low
86,700.00c
Volume
1,073
Avg. Vol
6,145
52-wk High
93,500.00c
52-wk Low
85,000.00c

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Tue, Jan 15 2013

TEXT - Fitch cuts South African banks ratings

(The following statement was released by the rating agency) Jan 15 - Fitch Ratings has downgraded the Viability Ratings of Absa Bank Limited (Absa Bank), FirstRand Bank Limited (FirstRand), Investec Bank Limited (Investec Bank), Nedbank Limited (Nedbank) and The Standard Bank of South Africa Limited (SBSA) and their respective rated holding companies following the recent downgrade of the South African sovereign rating. Consequently, the Long-term IDRs of FirstRand, Nedbank and SBSA have bee

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