How financially robust are Fairbairn Private Bank?
We hold an internationally recognised A3/P2 credit rating from Moody’s, reflecting our solid financial fundamentals and very low risk profile. Moody’s are a leading provider of independent credit ratings and are among the world’s most respected and widely utilised sources for credit ratings, research and risk analysis. More information about Moody’s can be found on their website. In addition, our very low risk business model has ensured no investment in Sub Prime instruments or other such proprietary investments, neither do we need to borrow any money from the money markets to fund our operations. As a consequence, we are not impacted adversely by the current market conditions. The ultimate parent of Fairbairn Private Bank is Old Mutual plc, which is incorporated in England and Wales. Fairbairn Private Bank places limited funds with other parts of its group and thus its financial standing is linked to, albeit not wholly dependent upon, that of the group. Fairbairn Private Bank has its
We hold an internationally recognised A3/P2 credit rating from Moody’s, reflecting our solid financial fundamentals and very low risk profile. Moody’s are a leading provider of independent credit ratings and are among the world’s most respected and widely utilised sources for credit ratings, research and risk analysis. More information about Moody’s can be found on their website. In addition, our very low risk business model has ensured no investment in Sub Prime instruments or other such proprietary investments, neither do we need to borrow any money from the money markets to fund our operations. As a consequence, we are not impacted adversely by the current market conditions. The parent of Fairbairn Private Bank is Nedbank Group Limited, which is incorporated in South Africa and is regulated by the South African Reserve Bank. The ultimate parent of Fairbairn Private Bank is Old Mutual plc, which is incorporated in England and Wales. Fairbairn Private Bank places limited funds with ot
