LAND & AGRICULTURAL DEV BANK OF SA – Land Bank: Rating action follows the sovereign ratings review announcement

LAND & AGRICULTURAL DEV BANK OF SA – Land Bank: Rating action follows the sovereign ratings review announcement
The Land Bank’s long-term national scale issuer ratings (NSRs) of Aa1.za was also placed on review for downgrade. The rating action reflects South Africa’s weak operating environment and the government’s weakening capacity to support the Bank in case …
LAND & AGRICULTURAL DEV BANK OF SA – Land Bank: Rating action follows the sovereign ratings review announcement