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SA banks adequately capitalised - Sarb

By: Reuters 2012-06-04 09:27

Johannesburg - South Africa’s banking sector remains adequately capitalised, with the Tier 1 ratio rising to 12.2% at the end of 2011 from 11.8%t the previous year, a central bank report said on Monday.

Impaired advances, or bad loans, averaged 4.7% of banks’ total loans in 2011. 

 
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