Declines that have seen SA bank shares fall more than they did during the financial crisis a decade ago mean they are an attractive proposition even as they are set to halt dividends, according to Patrice Rassou, chief investment officer at Ashburton Investments.

Though the banks will probably not pay dividends for the next two years as they work through the worst of the pandemic’s financial fallout, they are attractive on a​ five-year horizon, Rassou said.

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