Old Mutual’s Credit Rating Upgraded by S&P

Old Mutual ( (ODMUF) ) has provided an update.

Old Mutual has received an upgrade in its national scale credit rating from S&P Global Ratings, following an improvement in South Africa’s sovereign credit ratings. This upgrade positively affects Old Mutual and its subsidiary, Old Mutual Life Assurance Company (South Africa) Limited, enhancing their financial standing and outlook.

More about Old Mutual

Old Mutual is a leading African financial services group providing a wide range of financial solutions to both retail and corporate clients across 12 countries, primarily in Africa, with a niche presence in China. With a rich heritage of over 179 years in sub-Saharan Africa, Old Mutual plays a significant role in the communities it serves and the broader society on the continent.

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