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FIRSTRAND BANK LIMITED - FRD FRLE FRTN FRTNM FRBT - Amendment to FirstRand Bank Limited Credit Ratings

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FRD FRLE FRTN FRTNM FRBT - Amendment to FirstRand Bank Limited Credit Ratings

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
JSE company code debt issuer: FRD
JSE company code etf issuer: FRLE
JSE company code etn issuer: FRTN
NSX company code etn issuer: FRTNM
JSE company code structured product issuer: FRBT
LEI: ZAYQDKTCATIXF9OQY690
(FRB or the bank)

AMENDMENT TO FIRSTRAND BANK LIMITED CREDIT RATINGS

On 20 November 2024, S&P Global Ratings (S&P) affirmed the bank's BB-/B global scale issuer credit ratings with the outlook
revised to positive from stable. S&P also upgraded the long-term South African national scale rating to zaAA+ from zaAA and
affirmed the short-term national scale rating at zaA-1+.

The S&P press release can be accessed on www.spglobal.com.

21 November 2024

Debt sponsor
FirstRand Bank Limited

NSX sponsor
Cirrus Securities (Pty) Ltd

Date: 21-11-2024 01:15:00
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