Fitch are the leading European based bank credit rating agency.

Their current ratings for Close Brothers Limited are reproduced here:

Ratings . (February 2002)

click on rating for details

Sovereign Risk
Foreign currency
Long-term senior
  AAA
Local currency
Long-term senior
  AAA
Close Brothers Limited
Individual   A/B
Support   5 
Foreign currency
Short-term senior   F1
Long-term senior   A
Long-term Rating Outlook   Stable
Local currency
Short-term senior   F1
Long-term senior   A
Long-term Rating Outlook   Stable
National
Short-term senior   -
 

Financial Data
Close Brothers Ltd 31/7/01 31/7/00
Total Assets $m 3,229.3 3,078.4
Total Assets £m 2,265.0 2,046.5
Equity £m  193.8  157.0
Net Income £m  29.7  25.5
ROA  1.38%  1.52%
ROE  16.93%  19.12%
Tier 1 Ratio  13.00%  12.40%

Analysts

James Longsdon, London
+44 (0) 20 7417 4309
james.longsdon@fitchratings.com

Peter Milne, London
+44 (0) 20 7417 4244
peter.milne@fitchratings.com

www.fitchratings.com

Rating Rationale