Limassol, November 10, 2014 -- Moody's Investors Service has today confirmed Capitec Bank Limited's Ba2 long-term deposit ratings, with a stable outlook. The confirmation and stable outlook capture Moody's view that Capitec's Ba2 deposit ratings adequately balance the bank's strong loss-absorption capacity and comprehensive underwriting and provisioning policies against the current risks in the operating environment in South Africa's unsecured lending market.
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