{"id":66214,"date":"2014-08-19T18:00:12","date_gmt":"2014-08-19T16:00:12","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=66214"},"modified":"2014-08-19T18:00:12","modified_gmt":"2014-08-19T16:00:12","slug":"sa-banks-get-rating-downgrade","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/66214\/sa-banks-get-rating-downgrade\/","title":{"rendered":"SA banks get rating downgrade"},"content":{"rendered":"<p>Moody&#8217;s on Tuesday downgraded the credit rating of four top South African banks, after the government was forced to bailout a troubled lender.<\/p>\n<p>In a statement, the ratings agency said it had downgraded Standard Bank, Absa, FNB and Nedbank by one notch to Baa1, in a move sure to raise more questions about the health of the vital sector.<\/p>\n<h3 class=\"my-4\">More on SA banks<\/h3>\n<p><strong><a title=\"Permalink to SA banks hit with R125 million fine\" href=\"http:\/\/businesstech.co.za\/news\/banking\/55823\/sa-banks-hit-with-r125-million-fine\/\" rel=\"bookmark\">SA banks hit with R125 million fine<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to SA banks fail at customer service\" href=\"http:\/\/businesstech.co.za\/news\/banking\/54245\/sa-banks-fail-at-customer-service\/\" rel=\"bookmark\">SA banks fail at customer service<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to SA banks lose brand value\" href=\"http:\/\/businesstech.co.za\/news\/banking\/52739\/sa-banks-lose-brand-value\/\" rel=\"bookmark\">SA banks lose brand value<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to SA banks confirm losses from massive security leak\" href=\"http:\/\/businesstech.co.za\/news\/banking\/47731\/sa-banks-confirm-losses-from-massive-security-leak\/\" rel=\"bookmark\">SA banks confirm losses from massive security leak<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moody&#8217;s on Tuesday downgraded the credit rating of four top South African banks, after the government was forced to bailout a troubled lender.<\/p>\n","protected":false},"author":4,"featured_media":44483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[29,25,76,1512,1799,499],"class_list":["post-66214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-absa","tag-active","tag-fnb","tag-moodys","tag-nedbank","tag-standard-bank"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/66214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=66214"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/66214\/revisions"}],"predecessor-version":[{"id":66216,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/66214\/revisions\/66216"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/44483"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=66214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=66214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=66214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}