We are pleased to announce that Moody's Investors Service have maintained 'stable' outlooks for Close Brothers Limited (CBL) and reaffirmed our long- and short-term credit ratings.
Moody's Investors Service
Short-term rating: Prime-1 (P1)
Long-term rating: Aa3
Moody's identified four key strengths:
- Solid track record and higher profitability than peers
- Good overall asset quality profile
- Strong capital and leverage
- Resilient funding and liquidity
We are proud to be one of the highest rated banks in the UK. These ratings reflect the strength of our business model and prudent approach to funding and capital management.