Johannesburg, 30 April 2019 – Global Credit Ratings (“GCR”) has placed issuer ratings assigned to Grindrod Bank Limited of BBB+(ZA) and A2(ZA) in the long-term and short-term respectively, and the international long-term local currency rating of B+, ‘Under Review’. The ‘Under Review’ process allows for a time extension of the ratings review and is not...
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