Rating Action Johannesburg, 13 December 2019 – GCR Ratings (“GCR”) has revised PSG Financial Services Limited’s (“PSGFS”) long and short-term national scale Issuer ratings to AA-(ZA)/A1+(ZA) respectively, from A+(ZA)/A1(ZA), with the outlook accorded as stable. GCR released new Ratings Framework Criteria in May 2019, and a new Criteria for Rating Investment Holding Companies in November...
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