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EUR 168.66 For Business Accounts Only

Moody's confirms the Baa2 issuer ratings of DBSA, IDC and Land Bank; Negative Outlook

Limassol, December 05, 2016-- Moody's Investors Service has today confirmed the Baa2 foreign-currency long-term issuer ratings of the Development Bank of Southern Africa, Industrial Development Corporation of South Africa, and the Land and Agricultural Development Bank of South Africa, and assigned a negative outlook to the long-term global scale issuer ratings. This concludes the rating review initiated on 14 September 2016. At the same time, Moody's has confirmed and...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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