Standard Bank
  
Credit ratings

Credit ratings
Ratings as at 11 August 2010 for entities within Standard Bank Group are detailed below:
  Short-term Long-term Outlook
Fitch Ratings      
The Standard Bank of South Africa      
Issuer default rating F2 BBB+ Stable
Local currency issuer default rating   BBB+ Stable
National rating F1+ (ZAF) AA (ZAF) Stable
RSA Sovereign rating  
Foreign currency issuer default rating   BBB+ Negative
Local currency issuer default rating   A Negative
Standard Bank Plc      
Issuer default rating F2 BBB+ Stable
Banco Standard de Investimentos SA (Brazil)      
National rating F1+ (BRA) AA+ (BRA) Stable
Standard Bank Argentina SA      
National rating   AA (ARG) Stable
Stanbic IBTC Bank Plc (Nigeria)      
National rating F1+ (NGA) AAA (NGA)  
CfC Stanbic Bank (Kenya)      
Issuer default rating B BB- Stable
Liberty Group      
National rating   AA- (ZAF) Negative
National Insurer Financial Strength   AA (ZAF) Negative
 
Moody's Investor Services      
The Standard Bank of South Africa      
Foreign currency deposit rating P-2 A3 Stable
Local currency deposit rating P-1 A1 Stable
RSA Sovereign ratings      
Foreign currency   A3 Stable
Local currency   A3 Stable
Standard Bank Plc      
Foreign and local currency deposit rating P-2 Baa2 Negative
Standard Bank Argentina SA      
Foreign currency deposit rating   Caa1 Stable
Local currency deposit rating   Ba1 Stable
 
Standard & Poor's      
The Standard Bank of South Africa      
Local currency   BBBpi  
RSA Sovereign ratings      
Foreign currency A-2 BBB+ Negative
Local currency A-1 A+ Negative
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