Barclays Africa Group Limited: Update following review for downgrade
FINANCIAL INSTITUTIONS CREDIT OPINION 5 December 2017 Update RATINGS Barclays Africa Group Limited Domicile Johannesburg, South Africa Long Term Debt (P)Ba1 , Possible Downgrade Type Senior Unsecured MTN - Dom Curr Outlook Not Assigned Long Term Deposit Not Assigned Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect infoBarclays Africa Group is engaged in provision of personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Co. operates in three business segments; Retail and Business Banking (RBB) delivers targeted solutions to individuals and small businesses; Corporate, Investment Bank and Wealth operates a global model, leveraging their offerings, tapping into global expertise to provide comprehensive solutions across borders; and Financial Services cluster enhances the RBB customer and client value proposition with financial solutions.
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