{"id":9437,"date":"2012-03-29T15:40:04","date_gmt":"2012-03-29T13:40:04","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/text-spstandard-bank-of-south-africa-otlk-to-neg\/"},"modified":"2012-03-29T15:40:04","modified_gmt":"2012-03-29T13:40:04","slug":"text-spstandard-bank-of-south-africa-otlk-to-neg","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/text-spstandard-bank-of-south-africa-otlk-to-neg\/","title":{"rendered":"TEXT-S&amp;P:Standard Bank of South Africa otlk to neg"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(The following statement was released by the rating agency)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>March 29 &#8211;<\/p>\n<p><span><\/span><\/p>\n<p>Overview<\/p>\n<p><span><\/span><\/p>\n<p>&#8212; On March 28, 2012, we revised the outlook on the long-term sovereign<br \/>\ncredit ratings on the Republic of South Africa to negative from stable, and<br \/>\naffirmed the ratings.<\/p>\n<p><span><\/span><\/p>\n<p>&#8212; We are therefore revising the outlook on Standard Bank of South Africa<br \/>\nLtd. to negative from stable and affirming the unsolicited &#8216;BBB+\/A-2&#8217; ratings<br \/>\non the bank.<\/p>\n<p><span><\/span><\/p>\n<p>&#8212; The ratings on SBSA reflect its &#8216;bbb&#8217; anchor, as well as its strong<br \/>\nbusiness position, moderate capital and earnings, adequate risk position,<br \/>\naverage funding, and adequate liquidity.<\/p>\n<p><span><\/span><\/p>\n<p>&#8212; The negative outlook reflects that on the Republic of South Africa.<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Rating Action<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The following statement was released by the rating agency) March 29 &#8211; Overview &#8212; On March 28, 2012, we revised the outlook on the long-term sovereign credit ratings on the Republic of South Africa to negative from stable, and affirmed the ratings. &#8212; We are therefore revising the outlook on Standard Bank of South Africa [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-9437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=9437"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9437\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}