Industrial Development Corp. of South Africa Credit Rating

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Date	Document Type	Title	Source
29 Jun 2020	Announcement of Periodic Review	Moody's announces completion of a periodic review of ratings of Industrial Development Corp. of South Africa	Moody's Investors Service
26 Jun 2020	Credit Opinion	Industrial Development Corp. of South Africa: Update following downgrade to Ba2, outlook remains negative	Moody's Investors Service
25 Jun 2020	Rating Action	Moody's downgrades DBSA and IDC to Ba2, maintains negative outlook	Moody's Investors Service
02 Apr 2020	Credit Opinion	Industrial Development Corp. of South Africa: Update following downgrade to Ba1, outlook remains negative	Moody's Investors Service
31 Mar 2020	Rating Action	Moody's downgrades the issuer ratings of DBSA, IDC and Land Bank, maintains negative outlook	Moody's Investors Service
05 Nov 2019	Credit Opinion	Industrial Development Corp. of South Africa: Update following outlook change to negative	Moody's Investors Service
05 Nov 2019	Rating Action	Moody's affirms DBSA's and IDC's Baa3 ratings, changes outlook to negative from stable	Moody's Investors Service
10 Sep 2019	Announcement of Periodic Review	Moody's announces completion of a periodic review of ratings of Industrial Development Corp. of South Africa	Moody's Investors Service
25 Jul 2019	Credit Opinion	Industrial Development Corp. of South Africa: Update to credit analysis	Moody's Investors Service
28 Feb 2019	Credit Opinion	Industrial Development Corp. of South Africa: Update to credit analysis	Moody's Investors Service
28 Feb 2019	Rating Action	Moody's affirms Industrial Development Corp. of South Africa's rating at Baa3	Moody's Investors Service
23 Oct 2018	Issuer In-Depth	DBSA; IDC; Land Bank: Peer comparison: Rising asset risks balanced by high capital buffers and strong government backing	Moody's Investors Service
11 Sep 2018	Credit Opinion	Industrial Development Corp. of South Africa: Update to credit analysis	Moody's Investors Service
10 Apr 2018	Rating List	Moody's Investors Service – Update On Credit Ratings Remaining on Review	Moody's Investors Service
04 Apr 2018	Sector In-Depth	Cross-Sector – South Africa: Macroeconomic turnaround eases pressures on domestic issuers	Moody's Investors Service
28 Mar 2018	Credit Opinion	Industrial Development Corp. of South Africa: Update following rating confirmation at Baa3; outlook stable	Moody's Investors Service
27 Mar 2018	Rating Action	Moody's confirms the Baa3 issuer ratings of DBSA, IDC and Land Bank; stable outlook	Moody's Investors Service
04 Dec 2017	Credit Opinion	Industrial Development Corp. of South Africa: Update following review for downgrade	Moody's Investors Service
28 Nov 2017	Rating Action	Moody's places on review for downgrade the Baa3 issuer ratings of DBSA, IDC and Land Bank	Moody's Investors Service
10 Aug 2017	Rating Action	Moody's assigns a Aa1.za long-term national scale issuer rating to Industrial Development Corp. of South Africa	Moody's Investors Service
16 Jun 2017	Credit Opinion	Industrial Development Corp. of South Africa: Update following Recent Downgrade to Baa3 Negative	Moody's Investors Service
12 Jun 2017	Rating Action	Moody's downgrades the issuer ratings of DBSA, IDC and Land Bank to Baa3; outlook negative	Moody's Investors Service
07 Apr 2017	Credit Opinion	Industrial Development Corp. of South Africa: Update following Review for Downgrade	Moody's Investors Service
04 Apr 2017	Rating Action	Moody's places on review for downgrade the Baa2 issuer ratings of DBSA, IDC and Land Bank	Moody's Investors Service
20 Feb 2017	Issuer Comment	Industrial Development Corporation of South Africa Will Benefit from Takeover of National Empowerment Fund	Moody's Investors Service
07 Dec 2016	Credit Opinion	Industrial Development Corp. of South Africa: Update Following Recent Confirmation at Baa2 Negative	Moody's Investors Service
05 Dec 2016	Rating Action	Moody's confirms the Baa2 issuer ratings of DBSA, IDC and Land Bank; Negative Outlook	Moody's Investors Service
19 Sep 2016	Credit Opinion	Industrial Development Corp. of South Africa: Update Following Recent Review for Downgrade	Moody's Investors Service
14 Sep 2016	Rating Action	Moody's places on review for downgrade the Baa2 issuer ratings of DBSA, IDC and Land Bank	Moody's Investors Service
13 Jun 2016	Issuer Comment	South Africa's Contraction in Mining and Agriculture Is Credit Negative for Development Banks	Moody's Investors Service
19 May 2016	Credit Opinion	Industrial Development Corp. of South Africa	Moody's Investors Service
10 May 2016	Rating Action	Moody's confirms two South African development institutions' issuer ratings at Baa2, negative outlook	Moody's Investors Service
10 Mar 2016	Rating Action	Moody's Places on Review for Downgrade the Baa2 Issuer Ratings of IDC and DBSA	Moody's Investors Service
17 Dec 2015	Rating Action	Moody's Affirms Baa2 Issuer Ratings of IDC and DBSA; Changes IDC's Outlook to Negative and Maintains DBSA's Negative Outlook	Moody's Investors Service
10 Nov 2014	Rating Action	Moody's downgrades two South African development institutions to Baa2	Moody's Investors Service
04 Oct 2012	Rating Action	Moody's downgrades two South African development institutions to Baa1; outlook negative	Moody's Investors Service
15 Nov 2011	Announcement	Moody's changes outlook on two South African development institutions to negative from stable	Moody's Investors Service
07 Sep 2009	Rating Action	Moody's downgrades two South African development institutions to A3	Moody's Investors Service
23 Jul 2009	Rating Action	Moody's reviews two South African development institutions for downgrade	Moody's Investors Service
08 Jun 2007	Rating Action	Moody's changes Outlooks to positive for South African Banks' foreign currency deposit and issuer ratings	Moody's Investors Service
30 Oct 2006	Rating Action	Moody's upgrades seventeen government related financial institutions in eleven countries	Moody's Investors Service
23 Aug 2006	Rating Action	Moody's to Revise Methodology for Government Related Non-Bank Financial Institutions	Moody's Investors Service
09 May 2006	Analysis	Industrial Development Corp. of South Africa	Moody's Investors Service
30 Jun 2005	Rating Action	MOODY'S ANNOUNCES RATING IMPACT OF THE JDA METHODOLOGY FOR SUB-SOVEREIGN GRIs IN THE AMERICAS AND IN THE EMEA REGION	Moody's Investors Service
12 Jan 2005	Rating Action	MOODY'S UPGRADES TO Baa1 THE ISSUER RATING OF INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA	Moody's Investors Service
29 Oct 2004	Rating Action	MOODY'S REPORTS ON SOUTH AFRICAN BANKS: STABLE OUTLOOK REFLECTS STRONG RETAIL BANKING ENVIRONMENT AND POTENTIAL BUSINESS GROWTH FROM BLACK ECONOMIC EMPOWERMENT (BEE) INITIATIVES	Moody's Investors Service
18 Oct 2004	Analysis	Industrial Development Corp. of South Africa	Moody's Investors Service
14 Oct 2004	Rating Action	MOODY'S PLACES UNDER REVIEW FOR POSSIBLE UPGRADE THE Baa2 ISSUER RATING OF INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA	Moody's Investors Service
31 Jul 2003	Analysis	Industrial Development Corporation	Moody's Investors Service
19 Jun 2003	Rating Action	MOODY'S REPORTS: SOUTH AFRICA'S BIG BANKS ARE STRONGLY ROOTED IN THE MARKET, BUT FACE CHALLENGES IN THE FORM OF FALLING INTEREST RATES AND PROSPECTIVE FINANCIAL EMPOWERMENT CHARTER	Moody's Investors Service

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