PLC, INL and IBL - Credit rating action by Fitch

Investec PLC

06 July 2026

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL JSE hybrid code: INPR JSE debt code: INLV NSX ordinary share code: IVD BSE ordinary share code: INVESTEC ISIN: ZAE000081949 LEI: 213800CU7SM6O4UWOZ70	Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50 LEI: 2138007Z3U5GWDN3MY22
Investec Bank Limited Incorporated in the Republic of South Africa Registration number 1969/004763/06 LEI No: 549300RH5FFHO48FXT69 JSE Interest rate issuer code: BIINLP JSE Structured product issuer code: INVP JSE ETN issuer code: INVSN CTSE stock code: INV

 

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited (the "JSE") of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules and the Listing Rules of the Financial Conduct Authority (the "FCA") and/or the JSE Listings Requirements. 

In relation to Investec Bank Limited, the JSE and the Cape Town Stock Exchange are notified of matters which are required to be disclosed under the JSE Debt and Specialist Securities Listings Requirements and CTSE Debt Listing Requirements. 

Credit Ratings Action by Fitch Ratings

Shareholders and noteholders are referred to the Fitch Ratings (Fitch) press release on 3 July 2026 where Fitch announced a revision to Investec Limited's and Investec Bank Limited's National Long-Term Ratings to 'AAA(zaf)' from 'AA+(zaf)' and affirmed the National Short-Term Ratings at 'F1+(zaf)'.

The revision of the National Long-Term Ratings reflects the recalibration of Fitch's National Ratings Correspondence Table for South Africa. The recalibration follows the recent upgrade of South Africa's Long-Term Local-Currency Issuer Default Rating (IDR) to 'BB' from 'BB-' and the upgrade of Investec Limited's and Investec Bank Limited's Long-Term Local-Currency IDRs to 'BB-'. The Outlook remains Stable.

For additional information on the ratings action please see the press release by Fitch: https://www.fitchratings.com/research/banks/fitch-revises-5-south-african-banks-national-long-term-ratings-to-aaa-zaf-on-recalibration-03-07-2026

For all the latest Investec credit ratings, please refer to our website: https://www.investec.com/en_za/welcome-to-investec/about-us/investor-relations/credit-ratings.html

Johannesburg

6 July 2026

N van Wyk

Company Secretary

Investec Limited

Sponsor and CTSE External Debt Issuer Agent: 

Investec Bank Limited

 

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