On March 29, 2012, Standard & Poor's Ratings Services revised its outlook on Standard Bank of South Africa Ltd. (SBSA) to negative from stable. At the same time, we affirmed the unsolicited 'BBB+/A-2' counterparty credit ratings on SBSA.
http://www.financerecruit.co.za/news/s-and-p-downgrade-standard-bank-news-28929161741
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