SA Banks Healthy but Eurozone Shadow Looms

Reserves, profits and loans are on the rise but eurozone uncertainty is casting a pall over the future in South Africa, argues Lisa Steyn. While the world watches anxiously as bankers in the eurozone sweat to prop up the ailing European financial system, South...

Another Credit Rating Downgrade Avoided?

The creation of a liquidity pool which South African banks can tap to meet the global industry’s new Basel III regulatory requirements relieves the pressure for a credit rating downgrade when the new laws come into effect, Moody’s said on Wednesday. The...

Credit Card Payment Growth 2012

Credit Card Payment Markets to Watch in 2012 Euromonitor International took a look at the markets that are expected to show the most card payment volume growth in 2012. Emerging markets account for all of the slots on Euromonitor International’s list of the top 10...

The Bank Run Has Returned

Interesting article by Tyler Cowen in Business Day, New York Times: (Tyler Cowen is a professor of economics at George Mason University) Since the end of World War II, economists have generally thought that runs on banks were dead, at least as a phenomenon in advanced...