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 highlighted the continuation of our four key credit strengths:
- Solid track record and higher profitability than peers
- Good overall asset quality profile
- Strong capital and leverage supporting lending growth
- Resilient funding and liquidity
These ratings reflect the strength of our business model, prudent approach and solid track record in profitability.